One graph for your dinner table conversation tonight

Via Derek Thompson, by way of a new paper from Brookings:

Something tells me that Mitt Romney should expect more demonstrations of his tax plan represented by tall graphs. My favorite quote from the paper, authored by Brown, Gale and Looney (my emphasis):

It is not mathematically possible to design a revenue-neutral plan that preserves current incentives for savings and investment and that does not result in a net tax cut for high-income taxpayers and a net tax increase for lower- and/or middle-income taxpayers, […]

 

 

 

 

 

 

 

 

 

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