Perry’s Revenue Projections

by Ramesh Ponnuru

Jed Graham at Investor’s Business Daily understates his skepticism: “Considering the many similarities between the tax plans, it’s striking that the JDA analysis implies that the Perry plan would have, at a minimum, about three times the growth impact of the Heritage-crunched Ryan plan.” Matt Rognlie points out that the Perry campaign’s assumptions are the same sub-Keynesian nonsense that sports teams use to justify stadium subsidies.