New paper from @gabriel_zucman cited by @Ed_Miliband showing that the idea that companies are mobile is wrong. They shift profits, but it’s much harder to shift jobs/factories - so govts shouldn’t be so focused on cutting corporate tax rates. http://gabriel-zucman.eu/files/TWZ2018.pdf … @alexcobham
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40% of multinational profits is a relevant figure, because multinationals = the key winners of globalization. So the very winners pay less in tax while others pay as much or more. This is unlikely to be sustainable, neither economically nor politically.
Yes its relevant and it makes sense as that's your methodology. But people will misunderstand it. Expectations run high!pic.twitter.com/87854SybKZ
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Anyway congrats on the paper (and
publishing the appendix, data and code)... I'm working on some comments! - 1 more reply
New conversation -
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