It's Not That Difficult : The Shared Economic Growth Solution to Tax Reform

In this article, I outline the latest version of the Shared Economic Growth package proposal and explain how it accomplishes all of its goals, with reference to some of the recent scholarly works that support it. I then walk through the derivation of the numbers to show that it really works, based on conservative assumptions and without any reliance on economic growth or voodoo, and that it would provide a substantial addition to revenue in the coming years. These numbers are based on 2010 data, the most recent comprehensive data available, and thus prove that the proposal works in the post-2008 economy. I next compare the proposal to the emerging “corporate consensus.” Finally, I walk through an analysis of the propriety of certain offsets that can only work as part of the Shared Economic Growth package