Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked Nov. 2, 2020

Created

Sun Oct 11 16:24:14 +0000 2020

Likes

367

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

This might be some combination of flaws in the tax cut's structure and the preponderance of monopoly rents in modern corporate profits. Whatever the reason, however, it suggests that repealing those corporate tax cuts won't reduce wages 3/ — PolitiTweet.org

Posted Oct. 11, 2020

Preceded By

Paul Krugman @paulkrugman

The point is that the channel through which corporate tax cuts are supposed to raise wages is tax cut -> higher investment -> higher capital stock -> higher demand for labor. But the TCJA, as far as we can tell, had no effect on business investment 2/ — PolitiTweet.org

Posted Oct. 11, 2020

Followed By

Paul Krugman @paulkrugman

Trying to characterize the wild swings in Trump on stimulus, I thought "art of the flail," then wondered who had said that before. The answer, actually, was me 1/ https://t.co/E0hz70keQP — PolitiTweet.org

Posted Oct. 11, 2020