Contributing to the success of loophole politics prior to passage of the 1986 tax bill was the
strong support of policy entrepreneurs
existence of tariff revenues to offset revenues lost through deductions
decentralized structure of congress
existence of low marginal rates to offset revenues lost through deductions
strong support of the conservative coalition and Ralph nader
monetarists recommend that government increase the money supply at a rate equal to the
growth in unemployment
growth in credit
drop in wages
growth in productivity
drop in rate of inflation
