CSPAN Key Capitol Hill Hearings February 5, 2014
Quite an important factor. So thats the second point. The third point id make is c. B. O. Themselves says theres a tremendous amount of uncertainty. A lot of the report stems from, as tax credits phase out, what does that do to peoples incentives . Theres a literature on the earned income tax credit that has generally found that the phaseout of the earned income tax credit doesnt affect labor supply. C. B. O. Is assuming that in this context, people will have a much better understanding of these phaseouts and alter their behavior in response to it in a much greater degree than weve seen with t...