Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated Yes

Last Checked Sept. 22, 2020

Created

Sun Sep 01 15:33:11 +0000 2019

Likes

358

Retweets

120

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

Trump's proposal to index capital gains to inflation — even aside from giving the vast bulk of the benefits to the wealthy — falls into that category. Bc capital gains would be indexed, but other things not, huge possibilities for tax arbitrage 4/ — PolitiTweet.org

Posted Sept. 1, 2019 Hibernated

Preceded By

Paul Krugman @paulkrugman

Also, any time you try to promote some kind of economic activity with differential tax rates you create the potential for abuse, which only very careful drafting and enforcement — neither forthcoming from Trump etc — can contain 3/ — PolitiTweet.org

Posted Sept. 1, 2019 Hibernated

Followed By

Paul Krugman @paulkrugman

Suppose inflation is 2%, u can borrow at 2%, and have an investment that yields 2% in capital gains. Borrow to invest; this generates no taxable income, but since the full interest cost is deductible, gives you a nice refund from the IRS. 5/ — PolitiTweet.org

Posted Sept. 1, 2019 Hibernated