Paul Krugman

@paulkrugman ↗

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Last Checked March 23, 2019

Created

Sat Oct 07 13:52:37 +0000 2017

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Paul Krugman @paulkrugman

It can cause profits to disappear here and reappear overseas by overpaying for what it buys and underpricing what it sells. 4/ — PolitiTweet.org

Posted Oct. 7, 2017 Hibernated

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Paul Krugman @paulkrugman

Suppose a multinational operating in the US either buys inputs from or sells inputs to a subsidiary in a lower-tax jurisdiction. 3/ — PolitiTweet.org

Posted Oct. 7, 2017 Hibernated

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Paul Krugman @paulkrugman

Reduce the tax and it might stop doing that; so measured imports will fall and measured exports rise. Hence smaller paper trade deficit 5/ — PolitiTweet.org

Posted Oct. 7, 2017 Hibernated