Bloomberg Quotes David Rosenbloom on ‘Dynamic Scoring
Bloomberg's Tax Management Transfer Pricing Report quotes Caplin & Drysdale's H. David Rosenbloom concerning Congress' proposed "dynamic scoring" of tax cuts, which the Center on Budget and Policy Priorities noted, "could facilitate congressional passage of large rate cuts in tax reform by making the rate cuts appear — on paper — less expensive than under a traditional cost estimate." To view the complete article, please click on the link above to view a PDF.
Excerpt taken from the article.
The view was summed up by former Treasury international tax counsel David Rosenbloom, now with Caplin & Drysdale in Washington, D.C., in a letter to the editor of the Washington Post.
"I think "dynamic scoring" of tax measures is a terrific idea. I can't wait to see the score attributable to the underfunding of the Internal Revenue Service.