On the recordJune 18, 2012
But that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.
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Pete Domenici
Source
congress.govBut that is compared to current policy--current policy. If we would compare your plan to current law, it is actually a tax cut.
Domenici highlights the difference between revenue projections under current policy versus current law.
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To redress the balance between the Government acting in its discretionary capacity and the individual
I think that the last point that Dr. Rivlin made you can find in the report: that our plan is more progressive than the tax code we are replacing.
It would relate in some way to the process that you and I have learned and call reconciliation.