What are the economic effects of the Tax Cuts and Jobs Act? Q.What are the economic effects of the Tax Cuts and Jobs Act? A.Most analysts expected the Tax Cuts and Jobs Act to boost economic output modestly in both the short and the longer run. So far, the evidence supports the prediction for the short run. It is too soon to tell about the longer run but as yet there is little evidence of a strong effect on investment that could lead to higher longer-run growth. Read more about What are the economic effects of the Tax Cuts and Jobs Act?
How should distributional tables be interpreted? Q.How should distributional tables be interpreted? A.Distributional tables provide important and useful information, but keep six key questions in mind to correctly interpret the results. Read more about How should distributional tables be interpreted?
What are dynamic scoring and dynamic analysis? Q.What are dynamic scoring and dynamic analysis? A.Tax, spending, and regulatory policies can affect incomes, employment, and other broad measures of economic activity. Dynamic analysis accounts for those macroeconomic impacts, while dynamic scoring uses dynamic analysis in estimating the budgetary impact of proposed policy changes. Read more about What are dynamic scoring and dynamic analysis?
