Research Director Matthew Sinclair said: «It is vital that the OBR does not simply entrench the same mistakes made by the Treasury, which currently fails to take sufficient account of
the dynamic effects of taxes.
He has produced studies on the National Health Service, crime, big government projects,
the dynamic effects of tax cuts, Gordon Brown's economic record, hate education in Palestine and environmental policy.
Not exact matches
Dynamic modeling: Computer simulation
of how
tax policy or
tax reform affects the economy taking into account how individuals, households, or firms alter their work, saving, investment, or consumption behavior, and how those
effects feed back to affect
tax revenues.
Likewise, recent estimates by the
Tax Policy Center and the Penn Wharton Budget Model show that
dynamic effects would marginally reduce the revenue loss in the first decade but significantly increase it over the long run because
of the economic consequences
of higher debt.
Instead, its focus was on the «
dynamic effects»
of introducing a
tax on the wealthy, by which I assume the author meant that the wealthy would seek to avoid that
tax.
ConservativeHome has had its differences with Mr Osborne - on matching Labour's spending, green
taxes and the
dynamic effects of taxation - but we recognise his indispensable contributions to the renewal
of the Conservative Party.