Objections to Diamond

One of America's leading tax economists, Alan Auerbach, has pointed to two defects in the applicability of the model used by Diamond to simulate the effect of the Romney tax plan. Auerbach's points are attributed in a blog post by Dylan Mathews. The claimed defects are appended to this node.

The attribution to Auerbach is made in a footnote to Dylan Mathews' article.
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