Congress shoots a basketball labeled "Tax Cut." The GOP chases it with a hoop labeled "Fiscally Prudent." They are playing a game of Dynamic Budgetary Scoring, and it's math vs. politics.
According to the old system, legal tax avoidance behaviours were not taken into account in determining revenue projections. That’s why they were so wildly inaccurate irregardless of whether the CBO is non-partisan or not.Dynamic scoring does reflect these behaviours in the predictions of tax revenues.See Economic policies of France for specific details…
The country was at its best when the government didn’t violate the social contract between the people and the alleged representatives that were selected to represent the people.
In Actuality, about 80% + of that debt acquired since Reagan they worry about is specifically attributable, actually, to their “prudence” and tax avoidance policies.
superposition over 9 years ago
It’s a business model. Sort of like the CEO who still gets the big bonus, even the corporation’s profits tank.
Fuzzy Thinker Premium Member over 9 years ago
Obama showed them how to move the goal posts.
Dan1313131313 over 9 years ago
According to the old system, legal tax avoidance behaviours were not taken into account in determining revenue projections. That’s why they were so wildly inaccurate irregardless of whether the CBO is non-partisan or not.Dynamic scoring does reflect these behaviours in the predictions of tax revenues.See Economic policies of France for specific details…
Dan1313131313 over 9 years ago
The country was at its best when the government didn’t violate the social contract between the people and the alleged representatives that were selected to represent the people.
Dtroutma over 9 years ago
In Actuality, about 80% + of that debt acquired since Reagan they worry about is specifically attributable, actually, to their “prudence” and tax avoidance policies.
LOLisgood4U over 9 years ago
Don’t worry, your “Supreme Leader” is proposing a raise in capital gains taxes. That would fix the economy right up.