The Math Behind Tax Reform
Yesterday evening I discussed the math behind tax reform and why Americans should expect a significant increase in economic growth. According to projections done by the Congressional Budget Office (CBO) labor force participation is increasing and with the passage of our historic tax reform legislation it will surpass projections. Groups with historically higher unemployment rates across the board are seeing higher employment rates bolstering the economy. I truly believe that the focus of the national tax debate should be on tax policy rather than tax rates because that will lead to a healthier debate on what maximizes economic expansion.