Thursday, November 9, 2017

Tax Policy Center Withdraws Analysis of Tax Bill Because They Made a Math Error

Is Everybody in America Incompetent? Could Be

The tax policy center is an independent non-partisan tax analysis group that until just now actually had a fair amount of respect. But they have had to withdraw their report on the GOP tax plan.

The Tax Policy Center on Monday retracted its assessment of House Republicans’ tax bill after discovering an error in its model, a mistake that could complicate the effort to evaluate the legislation by an organization that has long enjoyed broad, bipartisan credibility.
TPC staff found an error in the preliminary distributional analysis of the Tax Cut and Jobs Act (TCJA) that we released today. This error involved the additional child tax credit component of the proposed legislation,” the organization said in a statement Monday night, several hours after releasing its report that showed the benefits of the tax bill were skewed toward the richest Americans.

The TPC will release new numbers as soon as they can make them up. Hey assholes, you don't get a do-over.  In the meantime we, like Rhett Butler just don't give a damn. And if the TPC wants to help, well they could just go away and never come back. Yep that should fix it.

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