Another way to bamboozle America and benefit the Plutocracy with more tax breaks and more Voodoo Economics ... - The change, which applies only to House bills for now, requires that more macroeconomic effects be taken into account when analyzing major legislation and its estimated cost estimates, work done by the Congressional Budget Office and the Joint Committee on Taxation. - Republicans say the CBOs and JCTs current estimating methods fail to reflect government revenues generated when tax cuts or other legislative changes boost economic growth. - Democrats blasted the change as voodoo economics that would make it easierfor Republicans to cut tax rates without increasing federal deficits in their tax reform plans this year.
Posted on: Wed, 07 Jan 2015 15:15:45 +0000
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