Monday, October 24, 2011

Tax Policy - Static v. Dynamic Analysis

BLUF:  tax policy influences behavior.  There's no way to know how a tax policy will precisely impact revenue because the changes result from different choices made when there are different tax incentives or dis-incentives.
http://online.wsj.com/article/SB10001424052970204002304576629481571778262.html?mod=WSJ_Opinion_LEADTop

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