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Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Wednesday, October 31, 2012

Bartlett: Romney's Tax Plan Won't Work Like Reagan's Did

Tax Analysts Bruce Bartlett, Romney’s Tax Plan Won’t Work Like Reagan’s Did, 137 Tax Notes 541 (Oct. 29, 2012):

This article compares the tax plan put forward by Republican presidential nominee Mitt Romney with that enacted by Ronald Reagan. It finds only superficial similarities. Consequently, Romney's plan will not achieve the same economic results as Reagan's.

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BB spends almost no time discussing the successful '86 reforms - instead writing them off in a tossed off final paragraph.

How many in the tax law community think the '86 reforms were as worthless as BB makes them out to be?

There are multiple facets to Romney's plan - some oriented towards reform (the blanket deduction cap - which Obama might "steal" if's hoping), some oriented towards economic stimulus.

BB wants to oppose Romney regardless - so he deprecates the good and scrutinizes the "bad" (according to BB).

Posted by: cas127 | Oct 31, 2012 3:35:33 AM

With all of his recent writings on tax policy and tax reform, Bartlett seeks to reinvent history.

Posted by: Jake | Oct 31, 2012 8:03:53 AM

The left tries to force the idea that Reagan's recovery wasn't real...unless they want to make Romney look bad.

Sorry, Stephanie Cutter, the Obama recovery hasn’t created more jobs than the Reagan recovery

Posted by: Woody | Oct 31, 2012 10:29:50 AM