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To: n-tres-ted
". . . The report is pdf format, so cannot be copied."

Actually, it can be. Click the "Select" button on the Adobe Acrobat Reader Toolbar (I'm using version 7.0) and then you are able to highlight, copy, and paste from it.

I'll paste in some of the summary findings of the report here:

"Dynamic Analysis Models:

Three different models were used in the dynamic analysis to reflect the uncertainty inherent in modeling individual and firm behavior and the associated tax-induced behavioral responses. The use of several modeling frameworks allowed for a range of estimates to reflect the sensitivity of the results to underlying assumptions and modeling approaches. The models were structured to account for the effects of changes in the effective tax rate on capital and labor income and the consequent effects on economic growth.

The three models used by the Treasury Department for this dynamic analysis include:

(1) Solow growth model;
(2) Ramsey infinite horizon growth model; and
(3) Overlapping generations (OLG) life-cycle model.

Summary of Results:

All of these models predict that fundamental tax reform could lead to substantial increases in the national capital stock and national income. For example, the models suggest that the GIT recommended by the Tax Panel could lead to long-run increases in the capital stock ranging from 5.6 to 20.4 percent and long-run increases of national income ranging from 1.4 to 4.8 percent. The simulated growth effects of the SIT plan were considerably smaller, with long-run increases in the capital stock ranging from 0.9 to 2.3 percent and national income increases ranging from 0.2 to 0.9 percent. The growth effects of the PCT were the largest of the three plans, with long-run increases in the capital stock ranging from 8.0 to 27.9 percent, and long-run increases in national income ranging from 1.9 to 6.0 percent.
"

That pretty much gets to the heart of what's going on in the report, whose later parts are a feast for Statistics junkies who love to do "sigma" sum calculations.
6 posted on 06/13/2006 5:38:22 PM PDT by StJacques
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To: StJacques

Thanks a lot. I have to be out for a few hours, but back later.


9 posted on 06/13/2006 5:47:06 PM PDT by n-tres-ted (Remember November!)
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