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Feldstein revision
A reply from Martin Feldstein
RELATED ARTICLES
Explain
⌅
Visualizing the Romney Tax Debate
Visualizing 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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Romney's plan stated
Romney's plan stated☜For individual taxation, Romney proposes rate cuts for all taxpayers to be funded by reducing or eliminating various tax preferences. His plan aims to do this without raising the tax burden on low and middle income taxpayers, defined as $200,000 or less. It also abolishes several other taxes.☜59C6EF
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But does it compute?
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Yes - it does compute
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Feldstein revision
Feldstein revision☜A reply from Martin Feldstein☜98CE71
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Figure is arbitrary
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⇤
Elasticity too high
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Revised Feldstein
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Graph of this discussion
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Peter Baldwin
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Entry date (GMT):
10/31/2012 4:53:00 AM
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