Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

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Tue Oct 15 17:28:43 +0000 2019

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Paul Krugman @paulkrugman

But they consider the employer share of the payroll tax a tax on workers, even though corporations pay it. I think everyone agrees that this is right in terms of the incidence — it gets passed thru into lower wages. But weren't we avoiding considering incidence? 7/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

Second, they avoided any analysis of incidence, adhering to what we used to call the flypaper theory of taxes — they stay where they're put (maybe these days call it the Post-It Note theory) In particular, all corporate taxes are considered to fall on stockholders 6/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated

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Paul Krugman @paulkrugman

I guess my point is that excluding transfers and consideration of incidence sound like rigorous criteria, but are actually more problematic, involving more judgement calls, than they seem 8/ — PolitiTweet.org

Posted Oct. 15, 2019 Hibernated