Report: Tax reform more manageable with dynamic scoring

{mosads}The foundation’s own analysis says that cutting rates would give a boost to the country’s gross domestic product and to worker wages — enough to offset close to 30 percent of the rate cutting envisioned by Republicans.

The JCT’s analysis generally tries to account for how taxpayers will react to changes in the code but does not try to project what those alterations will mean for economic growth.

Republicans agree that tax reform would give a spark to GDP, while many Democrats are skeptical of dynamic scoring.

Camp, meanwhile, has stressed that the tax reform bill that he plans to mark up this fall will be scored revenue-neutral by the JCT. The tax committee would also produce a dynamic score for that overhaul.