Committee for a Responsible Federal Budget
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Chartbook: Dynamic Scoring and Tax Reform

Nov 7, 2017 | Taxes| Economics

This presentation covers that

  • tax cuts don't pay for themselves,
  • smart tax reform can generate $300 billion to $400 billion of dynamic revenues (not trillions),
  • debt-financed tax reform produces less long-term growth,
  • the most generous dynamic estimates often ignore the economic cost of debt

Note: Slide 10's title has been updated to reflect that it is dynamic debt feedback.