WHY ARE TRUMP’S TAX REFORM CRITICS STUCK ON STUPID?
What do you call someone who keeps making the same mistake over and over and fails to learn from others who have made a similar mistake?
If one doesn’t know history and basic math, and the fact that people adjust their behavior on the basis of incentives, then one should not prove ignorance by commenting on the likely effects of tax changes.
Much of commentary on the President’s proposed tax cut legislation leads one to think that 1980s never happened, and the basic laws of economics have been repealed. It should be easy to understand that a percentage change in a tax rate and a percentage change in tax revenue are not the same thing.
Many in the media appear to be know-nothings either because they are or they have a political agenda. Here’s why they – and the Congressional Budget Office – are stuck on stupid.










