Wednesday, September 25, 2019
Richard Prisinzano (Pennsylvania) presents Policy Evaluation under the Penn Wharton Business Model at Pennsylvania today as part of its Tax Law and Policy Workshop Series hosted by Michael Knoll, Chris Sanchirico, and Reed Shuldiner:
The speaker, Senior Economist at the Penn Wharton Budget Model, will discuss generally how the PWBM works as well as how it has been applied to estimate the impact of current tax policy proposals including: increasing tax rates on capital gains and dividends; increasing payroll taxes; integrating capital taxation; eliminating itemized deductions; and the packages of proposals put forth by two presidential campaigns. The speaker has provided a series of short papers, which are attached in one file below.
About the Penn Wharton Budget Model:
PWBM is a nonpartisan, research-based initiative that provides accurate, accessible and transparent economic analysis of public policy’s fiscal impact. Using the project’s research briefs and interactive budget tools enables analysis of legislation while it is drafted. PWBM serves as an honest broker at the intersection of business and public policy providing rigorous analysis without policy advocacy. PWBM works directly with policymakers and their staff to provide insight into the effects of policy changes. Our simulators and briefs are informed by the policy changes being debated on Capitol Hill.
We demonstrate the tools available on our website and provide briefings to improve understanding of our results and economic modeling. We also estimate the impact of detailed options for policy changes to help policymakers make data-based decisions when they craft legislation.