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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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
Growth-supportive studies »Growth-supportive studies
1. Rosen »1. Rosen
Growth estimate 1 - Diamond study »Growth estimate 1 - Diamond study
Objections to Diamond
Assumes revenue neutrality »Assumes revenue neutrality
Assumes full employment »Assumes full employment
Alan Auerbach »Alan Auerbach
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