Tweets
- Tweets, current page.
- Tweets & replies
- Media
You blocked @MichaelSLinden
Are you sure you want to view these Tweets? Viewing Tweets won't unblock @MichaelSLinden
-
Pinned Tweet
The scandal of Paul Ryan's $1.50 tweet isn't that he thinks $1.50 a week is a lot of money. It's that Ryan's tax law further rigged the economy in favor of the super rich and giant corporations and now he wants working people to thank him for it.
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
My almost-6-year-old son is really into magical and mythical creatures right now, and he just asked me, “What are those little guys who live in that world where a bad guy lives in a tall building with a lava eye on it?” Hobbits. He’s thinking of hobbits.
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Michael Linden Retweeted
We need an economics training course for members of the media and elected officials. Most of their conventional wisdom on taxes (and regulation) is empirically and historically wronghttps://twitter.com/ericlevitz/status/1081290777924386817 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Michael Linden Retweeted
SAT|
@heritage's@RominaBoccia &@amprog's@SethHanlon discuss the state of the U.S. economy & the economic impact of the government shutdown Tune in at 8am!pic.twitter.com/maBnDBI1Du
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
"a million doesn't mean much these days" is a thing that someone said to me just now. But yes, please tell me again how liberals are out of touch with real America.https://twitter.com/boomerscooter/status/1081320167336865792 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
This is how I'm going to respond to every future "taxation is theft" comment. Genius and correct.https://twitter.com/fakesarahjeong/status/1081316775915110400 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
"taxation is theft" = instamute. Almost no better way to say, "I am not worth engaging with" than telling me taxation is theft.
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Not only is it ok for rich people to pay proportionately more, it is economically, fiscally, and morally imperative that they do so. 10% from someone making $40,000 leaves them with $36,000. 10% from someone making $40 million leaves them with $36 million.https://twitter.com/EMSLawyer/status/1081306225483014144 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
This is a myth. I've seen absolutely no polling or focus group evidence to support this notion. Don't get me wrong, it's a very popular myth (I hear it all the time), but it's not true that everyday middle-class people actually think this.https://twitter.com/littleseverus/status/1081293028491329536 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Michael Linden Retweeted
Ocasio-Cortez’s views on top marginal tax rates are much more mainstream than Susan Collins’s. http://nymag.com/intelligencer/2019/01/alexandria-ocasio-cortez-70-top-tax-rate-60-minutes-green-new-deal.html …pic.twitter.com/n1OAXtQjn8
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Hmm, seems like there is some confusion about how marginal tax rates work. To help clear things up:https://www.youtube.com/watch?v=O8FbjIET_2Y …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
This is a common response from trickle-downers. But it's wrong. A huge portion of the money flowing to the super-rich is not "earnings" in any meaningful sense. It's what we'd call "rents," unearned income extracted from others though imbalance of power or other market failure.https://twitter.com/ElephantGripe/status/1081249724290732032 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Tax flight is a myth. Of course, you can always find one or two examples, but overall, not a real thing. Rich people want to live and work here for lots of reasons that have nothing to do with their marginal tax rates.https://twitter.com/ThomasMcCreedy/status/1081253432533479425 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
The rich moved their accounts and "their" companies with a top rate of 35. The rich will always try to engage in tax avoidance. That's only a small part of the issue here. Better tax enforcement would solve a lot of that.https://twitter.com/MAGAMemeFactory/status/1081252544884760576 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Great example of the beltway-insider having no idea what actual people think. Higher taxes on the super rich is super popular.https://twitter.com/HotlineJosh/status/1081206968583368704 …
Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Here is an example of someone dismissing
@AOC's call for a top rate of 60 or 70 as "ridiculous." It's not. Around 70 is what the best research suggests as the revenue-maximizing rate.https://twitter.com/lauferlaw/status/1081212304845357057 …Thanks. Twitter will use this info to make your timeline better. UndoUndo -
Last note: There will be many on the right & in the media who will mock
@AOC for calling for tax rates at 60 or 70, but they're the ones who are economically illiterate. They're basing their view on an outdated and ideological understanding of taxation, not on the best research.Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo -
But when you factor in that the revenue will be used to both combat climate change (which will have enormous, painful consequences if left unaddressed) and create new jobs and higher wages now, then it's a very clear slam dunk.
Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo -
The answer here is self-evidently yes. Lower tax rates on the super-rich, as discussed above, are bad for the economy, so the higher taxes themselves are already better for the economy.
Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo -
Finally, let's talk about the economic impact of using the revenue from a much higher top tax rate to finance something like a Green New Deal. The basic question we should ask: Will the investment financed by the higher tax rates generate more good than the lower rate would?
Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo -
So it's not just that higher top rates raise us more money which we can use better, but they actually make the PRE-tax distribution better. In other words, raising top tax rates will mean more money in more pockets, even before we account for the revenue effects.
Show this threadThanks. Twitter will use this info to make your timeline better. UndoUndo
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
