Simon Johnson

: TaxVox

If Wishes Were Taxes, Reformers Would Smile

Everything could come up roses for Rubio and Lee. At least one version of dynamic scoring—accounting for macroeconomic effects of a proposal—has produced some rather glowing estimates of senators Marco Rubio’s and Mike Lee’s tax plan. The Tax Foundation says the Rubio-Lee plan would increase tax

March 9, 2015Renu Zaretsky

Federal Budget and Economy: TaxVox

Dynamic Scoring Forum: The Dangers of Dynamic Scoring

This is one of a series of TaxVox guest blogs discussing dynamic scoring . One of the strengths of the US budgeting system is that proposals are held accountable through a relatively open process of scoring the costs and benefits. This process, as run by the Congressional Budget Office and others,

March 6, 2015Simon Johnson

: TaxVox

Here a Tax Cut, There a Tax Cut

Wisconsin’s Paul Ryan will be House Ways & Means Chair for a while after all. The 2012 GOP Vice-Presidential nominee feels he is “ in a position to make a big difference ” and wants to remain on the tax-writing panel. Had he run for president in 2016, he would have had to give up his

January 13, 2015Renu Zaretsky