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Ezra Klein Protagonist1 #231734 Ezra Klein is an American journalist, blogger and columnist. He is currently a blogger and columnist for The Washington Post, a columnist for Bloomberg, and a contributor to MSNBC.

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Visualizing the Romney Tax Debate »Visualizing the Romney Tax DebateVisualizing the Romney Tax Debate☜Tax reform has emerged as a major bone of contention in the 2012 Presidential election campaign. While President Obama has identified some tax changes, Governor Romney proposes major systemic reform. But is his plan - especially the proposals for individual taxation - viable?☜F1CEB7

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The protagonists »The protagonistsThe protagonists☜This node contains the major participants (protagonists) in the economic debate. It includes individuals - politicians, economists, journalists, bloggers - and organisations such as the Bowles-Simpson and Domenici-Rivlin inquiries - and schools of economic thought (Keynesian, Classical, Austrian).☜D3B8AB

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Group 1 - Romney critics »Group 1 - Romney criticsGroup 1 - Romney critics☜☜D3B8AB

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Ezra KleinEzra Klein☜Ezra Klein is an American journalist, blogger and columnist. He is currently a blogger and columnist for The Washington Post, a columnist for Bloomberg, and a contributor to MSNBC.☜D3B8AB

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Misinterprets Auerbach studies »Misinterprets Auerbach studiesMisinterprets Auerbach studies☜Two of the cited studies involve Alan Auerbach, generally recognized as one of Americas most prominent tax economists. But Auerbach has apparently disavowed their interpretation of the studies (see article by Ezra Klein cited below).☜FFFACD

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Studied tax proposals different »Studied tax proposals differentStudied tax proposals different☜The kind of tax reform considered in the studies cited by the Romney economic advisers where different from Mitt Romneys current proposal. Hence the conclusions do not hold.☜FFFACD

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Use of 2009 baseline »Use of 2009 baselineUse of 2009 baseline☜To produce his estimates Feldstein uses IRS data for 2009, the most recent year for which data is available - but also the worst year for the recession. Selecting a year when tax revenue was low artificially reduces the cost of the rate cuts - and the concession changes needed to offset them.☜FFFACD

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Micro-behavioral offsets »Micro-behavioral offsetsMicro-behavioral offsets☜One of the authors of the TPC analysis argues that Rosen expects taxpayers to adjust their behavior to rate cuts, but fails to do so in a symmetrical fashion for reduced tax concessions. These would offset revenue gains from the former.☜FFFACD

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Political resistance »Political resistancePolitical resistance☜The TPC and its defenders point out that they have been conservative in their analysis in that they have set the bar low for the Romney plan - only testing if it is mathematically possible. Given the popularity of many of the concessions many of the mooted changes would be hard to do in practise.☜FFFACD

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Link[1] Ezra Klein's Wonkblog

Author: The Washington Post
Cited by: David Price 10:38 AM 28 October 2012 GMT
Citerank: (1) 235354Ezra KleinEzra Klein is an American journalist, blogger and columnist. He is currently a blogger and columnist for The Washington Post, a columnist for Bloomberg, and a contributor to MSNBC.24D3B8AB
URL:

http://www.washingtonpost.com/blogs/ezra-klein/

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Entered by:- Peter Baldwin
NodeID: #231734
Node type: Protagonist
Entry date (GMT): 10/22/2012 9:46:00 AM
Last edit date (GMT): 10/25/2012 11:49:00 PM
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Incoming cross-relations: 0
Outgoing cross-relations: 6
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