Re: Static verses dynamic analysis
<When taxpayers get a reduction in their marginal rates, they get to keep more of the money they've earned. That money doesn't just disappear - it gets spent, invested, or saved as individuals see fit. Each of these things results in increased economic activity, and that has been proven several times to result in higher net revenues. It happened with the Kennedy tax cuts in the 1960s, with the Reagan cuts in the 1980s, and it can happen again. This is dynamic analysis.
Very true! It helps families pay their mortgages and stay out of government programs.
Marcia
-Tax the movie stars more.