Tax Policy Center: Economic Growth and Dynamic ScoringTax Policy Center reports on: Economic Growth and Dynamic Scoring - The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution. The Center is comprised of nationally recognized experts in tax, budget, and social policy who have served at the highest levels of government.Dynamic Scoring and Budget Estimations- June 11, 2002 Dynamic scoring is meant to provide a more complete picture of the budget effects of tax and spending proposals by incorporating the macroeconomic effects of the legislation. Official estimates already account for the microeconomic effects on individual behavior. Incorporating macroeconomic feedback effects to reflect how policies might affect economic growth would be, in theory, desirable. In practice, however, dynamic scoring would not improve the reliability of budget estimates. Because the..http://www.taxpolicycenter.org/publications/url.cfm?id=310316&RSSFeed=Economic_Growth_... |