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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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    The Wall Street Journal‏Verified account @WSJ 25 Oct 2017

    Opinion: A turnabout on corporate taxes, write @caseybmulligan & Tomas J. Philipsonhttp://on.wsj.com/2gD7W93 

    3:25 PM - 25 Oct 2017
    • 17 Retweets
    • 28 Likes
    • Maria Marlene Barbos K starrick1 Bidita Rahman Benjamin LePage Derek Lee Mugisha Johnson Arthur W Walsh Brenda Ellison
    4 replies 17 retweets 28 likes
      1. New conversation
      2. Mark Nyes‏ @MarkNyes 25 Oct 2017
        Replying to @WSJ @caseybmulligan

        Because it doesn't work. Reducing corp taxes has not resulted in higher job numbers. It's a wet dream sold by CEOs using corrupt politicians

        1 reply 0 retweets 1 like
      3. Matt McKay‏ @LimasMatt 25 Oct 2017
        Replying to @MarkNyes @WSJ @caseybmulligan

        Mark Nyes, the economics guy.

        1 reply 0 retweets 0 likes
      4. Mark Nyes‏ @MarkNyes 25 Oct 2017
        Replying to @LimasMatt @WSJ @caseybmulligan

        Nah. Just watching people make same mistakes over & over and be surprised when outcome doesn't change (c.f. Reaganomics). Def of stupidity

        1 reply 0 retweets 0 likes
      5. Matt McKay‏ @LimasMatt 26 Oct 2017
        Replying to @MarkNyes @WSJ @caseybmulligan

        Real GDP growth: 83 =7.8%, 84 = 5.6%, 85 = 4.3%, 86 = 2.9%, 87 = 4.4%, 88 = 3.8% Gee, prosperity sure is stupid.

        1 reply 0 retweets 0 likes
      6. Mark Nyes‏ @MarkNyes 26 Oct 2017
        Replying to @LimasMatt @WSJ @caseybmulligan

        GDP growth is *not* worker wages. That shows you clearly that productivity is up, and wages are not. Foolish to link the two, isn't it?pic.twitter.com/6rfRgy3AVF

        2 replies 0 retweets 0 likes
      7. Casey Mulligan‏ @caseybmulligan 26 Oct 2017
        Replying to @MarkNyes @LimasMatt @WSJ

        You need to review Burkhauser 's papers on employee compensation... you are looking only at cash comp and not fringe benefits /1

        1 reply 0 retweets 1 like
      8. Casey Mulligan‏ @caseybmulligan 26 Oct 2017
        Replying to @caseybmulligan @MarkNyes and

        — employer health insurance is quite valuable! /2

        1 reply 0 retweets 1 like
      9. Mark Nyes‏ @MarkNyes 26 Oct 2017
        Replying to @caseybmulligan @LimasMatt @WSJ

        Right. The GDP growth argument didn't fool anyone, so let's look for other ways to justify tax breaks for rich and corps. Sorry, won't work.

        2 replies 0 retweets 0 likes
      10. 2 more replies
      1. New conversation
      2. Perry Clark‏ @perryclark_kc 25 Oct 2017
        Replying to @WSJ @caseybmulligan

        Claim: proposed corp tax cut would incr ave annual pay by $4K over ten yr; (~7.4% of median income). Inflation @ 1.5% for 10 yr: 16%, ~$8.6K

        3 replies 0 retweets 0 likes
      3. Perry Clark‏ @perryclark_kc 25 Oct 2017
        Replying to @perryclark_kc @WSJ @caseybmulligan

        And of course inflation will vary, other effects will be seen; any "raise" will be impossible to discern. GOP tax proposal: scam for rich.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Matt McKay‏ @LimasMatt 25 Oct 2017
        Replying to @WSJ @caseybmulligan

        Shocking!!!

        0 replies 0 retweets 0 likes
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