About one year ago, Scott Hodge authored a report explaining the mechanics and utility of the Tax Foundation’s Taxes and Growth Dynamic Model. He made a very persuasive argument about the need to modernize and improve the Joint Committee on Taxation’s antiquated revenue-estimating process by estimating the degree to which changes in tax policy impact economic performance. The use of “dynamic scoring,” Scott explained, would produce more accurate data than “static scoring,” which is based on rather bizarre and untenable assumption that the economy’s output is unaffected by taxation.
Conventional scoring treats this process as an exercise in arithmetic, whereas dynamic scoring makes the process an exercise in economics.
Since I’m a proponent of the Laffer Curve, I obviously applaud the Tax Foundation’s superb work on this issue.
And for those who doubt the value of dynamic scoring, I challenge them to come up with an alternative explanation…
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Utopia, you are standing in it! 
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