Taxable Talk

According to the Wall Street Journal, the 2007 budget has $513,000 allocated to set up a “dynamic analysis” unit within the Department of the Treasury. Currently, the Congressional Budget Office uses static analysis to determine the impact of proposed changes in the Tax Code. The idea behind dynamic analysis is that tax changes can impact behavior.

News Story: Wall Street Journal [Paid Subscription Required]

This entry was posted on Saturday, February 11th, 2006 at 1:09 pm and is filed under Legislation. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.