On The Record (with daily recap)

Today in TIE: Reflex, Austin looks at Domenici-Rivlin with competitive bidding, suggests Google Reader fixes, and plumbs NEJM’s take on the PSA kerfuffle, Don and Harold do bloggingheads on CLASS and sports, and Don pans Medicare claims as an epidemiological tool, and NHS reforms, while Aaron looks at the human consequences of not having an individual mandate.

About Don Taylor
Professor of Public Policy at Duke University (with appointments in Business, Nursing, Community and Family Medicine, and the Duke Clinical Research Institute). I am one of the founding faculty of the Margolis Center for Health Policy, and currently serve as Chair of Duke's University Priorities Committee (UPC). My research focuses on improving care for persons who are dying, and I am co-PI of a CMMI award in Community Based Palliative Care. I teach both undergrads and grad students at Duke. On twitter @donaldhtaylorjr

3 Responses to On The Record (with daily recap)

  1. George says:

    The report starts by saying

    “The BPC Tax Reform Plan represents a radical simplification of the current tax code and would raise approximately $1.3 trillion LESS ( emphasis added) than the system under current law”.

    and ends by saying,

    “The new tax system created under the BPC Plan will be more progressive than the current system and RAISE (emphasis added) the requisite revenue to achieve our debt-reduction goal.”

    I hope the first sentence is a mistake and the last correct otherwise I am really unimpressed.

  2. Shai says:

    This is a bit confusing, but they actually are both correct. From the system that is in plce today (often referred to as “current policy”), the BPC plan raises well over 2 trillion dollars. This is slightly more than the Bowles-Simpson Commission raised.

    On the other hand, another way to look at it is compared to “current law,” which means following what is scheduled to happen if no further changes to the law were made (e.g., that all of the Bush tax

  3. Shai says:

    Both high-end and those affecting the middle class, expire at the end of next year). What the first quote that you pulled above conveys is that the BPC reform does not raise as much as letting the tax cuts expire for all Americans (and letting the Alternative Minimum Tax (AMT) hit middle class families – another assumption in the current-law baseline).

    The more helpful comparison is generally current policy – current law is mainly used today as a benchmark for budgeteers.

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