Brill - what about capital formation
Alex Brill has responded to the TPC's quotation of his paper. While accepting the point about labor supply, he claims that tax reform of the Romney type would lead to increased capital formation and improved allocation of resources in the economy which would boost growth.
Immediately related elementsHow this works
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Visualizing the Romney Tax Debate »Visualizing the Romney Tax Debate
Romney's plan stated »Romney's plan stated
But does it compute? »But does it compute?
No - it does not compute »No - it does not compute
The TPC case »The TPC case
Growth effect claim »Growth effect claim
Ignores growth potential »Ignores growth potential
The TPC defends »The TPC defends
Growth effect small »Growth effect small
Brill and Viard study »Brill and Viard study
Brill - what about capital formation
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