Part 3 talks in detail about dynamic scoring versus static scoring. As you will see, politicians like static scoring because it creates a bias for tax increases and a bias against tax decreases.
Watch and decide for yourself and then share with others. This is not rocket science.
Part 1 talked more about theory than real life examples. Part 2 will now get into the evidence supporting the theory behind the Laffer Curve.
My guess is that many small business owners already understand the fact that if you tax something you get less of that thing. People change their behaviors in response to the tax scheme’s that politicians pass into law. Part 3, which I will post tomorrow, will discuss this fact by examining dynamic and static scoring. This is also known as dynamic and static economic analysis.
