Unknowable Unknowns of Tax Reform: Wicked Systems, Cloud Seeding, and the Border Adjustment Tax
6 Pages Posted: 24 Feb 2017 Last revised: 10 Mar 2017
Date Written: February 24, 2017
This brief response to Michael Graetz's forthcoming article in the Columbia Tax Journal explores just one of the "unknowable unknowns" concerning the border-adjustment tax proposal in the House Republican Blueprint. The implication is that there are most likely numerous lurking unknowable unknowns and tax policy makers should be cautious in relying on future linear economic projections in order to fund (or even justify) current tax reform measures.
Keywords: border adjustment tax, tax reform, Graetz, wicked system, tax compliance, wicked problem
JEL Classification: H2, H25, H26, K34
Suggested Citation: Suggested Citation