This is a @cailin_slattery/@omzidar paper that’s out via NBER this morning.
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New from me: Economists’ study finds little spillover benefit from the biggest state-and-local tax incentive deals with companies.https://www.wsj.com/articles/economists-question-the-benefits-of-targeted-tax-breaks-11578308400 …
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Good to see a study finally confirmed what most people suspected
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I don't have a wsj subscription but I'm hoping you do
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Rent-seeking companies want the tax burden to be borne by labour rather than rent, so that there is no public surplus. The opposite of spillover.pic.twitter.com/pPG0wblDql
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The CEOs benefit.
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Is there a version of this research that is available as an academic paper/working paper? I am curious whether your research looks at variation and considers iftargeted tax breaks COULD have more spillovers if done differently or whether you try to demonstrate they never work.
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New conversation -
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Hey
@PeterSchiff - what say you?Thanks. Twitter will use this to make your timeline better. UndoUndo
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