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Kotlikoff in the WSJ: Ryan Tax Plan is a Winner

Larry Kotlikoff, Media

Alan Auerbach and Larry Kotlikoff are the academic source of the Ryan/Brady tax bill (“The Better Way”) and they have recently completed an analysis of the plan for the Goodman Institute, using very high level, first-of-their-kind computer models. (Each estimate requires several computers running for 14 hours.) The surprising results were reported last Friday in the Wall Street Journal by Kotlikoff:

  • There is no give-a-way to the rich: the plan is “almost as fair” as the current system.
  • There are no huge deficits: in fact, the plan gains revenue for the government.
  • There is a boost in wages: about $4,000 in additional take-home pay every year for the average household.

John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updated edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.”

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