Growth effect claim

In estimating the revenue effect of the Romney tax reform, the TPC authors needed to make some assumptions about how tax reform affects economic growth. They argue that Romney tax reform would have little effect on GDP growth - but that their conclusions are robust even if some growth eventuates.

The Tax Policy Center's case in defense of this assumption is appended to this node, along with the case mounted by the critics.
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The TPC case
Growth effect claim
Ignores growth potential
Available savings claim
Cost-of-cuts claim
High income threshold
Graph of this discussion
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