Comment on Why One GOP Lawmaker Dismisses Tax Bill Projections

Why One GOP Lawmaker Dismisses Tax Bill Projections

Rep. Tom Cole (R-OK) admitted to CNBC that he’s not “a deep economic thinker,” so he relies for advice on colleagues from the tax-writing Ways and Means Committee. “Though mainstream forecasters like the Joint Committee on Taxation and University of Pennsylvania have issued unflattering analyses of GOP proposals, Cole says his tax-committee colleagues tell him other models offer sunnier results in line with his core belief that lower taxes boost the economy.

 

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