Paul Krugman

@paulkrugman ↗

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Last Checked May 11, 2021

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Sat Apr 24 11:48:51 +0000 2021

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Paul Krugman @paulkrugman

Beyond that, when investment-industry types say that raising this tax would be terrible for the economy, we should ask: How do they know? 3/ — PolitiTweet.org

Posted April 24, 2021

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Paul Krugman @paulkrugman

One important point is how modest even the stock market impact has been. If this is catastrophic, why did it produce only a 1% stock decline, reversed the next day? 2/ https://t.co/Clo8o2Od3v — PolitiTweet.org

Posted April 24, 2021

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Paul Krugman @paulkrugman

Seriously: success in playing the stock market doesn't grant any magical insights into the effects of taxes on, say, real GDP. And the economics of capital gains taxation are actually very hard, even by tax econ standards 4/ — PolitiTweet.org

Posted April 24, 2021