CBO Is Always Wrong

The federal government always relies on the Congressional Budget Office (CBO) to tell them how much a given program is going to cost before they pass it into law. But the CBO has never been right, any time in it's existence, for one reason: they don't realize that taxes CAUSE human action. They think it's a “zero sum game,” and that placing a tax on something does NOT cause people to change their habits to avoid it. You place a tax on something and people do things differently regarding that tax. Example: back when the highest tax rate approached 100%, people were starting foundations and placing many of their properties and possessions (and profits) into that foundation to avoid those taxes. CBO ignores that, and thus is ALWAYS wrong in their assessments. But the government continues to rely on their erroneous assessments, to their detriment. (American Thinker)