If you want a good example of why ITEP's concept of effective tax rate is meaningless, go to the report and organize the table of companies by "tax rate paid."
There are two companies with ETRs >100% and dozens with ETRs >21%.
Law professor Josh Blackman called the NYT out on politically labeling conservatives more often than liberals, and editor Patrick Healy acknowledged he was right:
“It can come off like The Times treats liberals as normal and conservatives as unique and worthy of labeling.”
In a culture that views marriage as a benefit for *self*, that veiws it as disposable and temporary, endeavor to make your marriage a bright and shining beacon of *selfless* partnership for the benefit of *others*.
COMING OCTOBER 29: I'm launching a new economics podcast for the @CatoInstitute called The Economics of It.
Subscribe now to ensure you receive the first episode with @Kalshi CEO @mansourtarek_ direct to your feed.
Links to channels in next tweet.
Amazing that a person who has produced so many estimates doesn’t even know how budget scoring works.
@joshrauh is right here, and @gabriel_zucman once again wrong.
See for example scores of repatriation holidays.
More parents than I want to admit are whistling past the graveyard. I understand the desire to believe that everything is fine. The problem is that pretense seriously undermines your child's independence.
I want to help.
I've been working (with @Grok) on three tests (3rd grade, 6th grade, and 8th grade) that parents can use to determine how much their child has been learning at school. I'll likely post all three to Substack and X articles when done, which should be this weekend.
For now though, I want all parents to be aware of three great resources that I found courtesy of @phonicsmom that will help you see how well your older child is reading. 🧵
This is the standard way to score tax policy. You score the law as written (in this case a one-time wealth tax) and the behavioral consequences from that law (people worried it will last moving).
There are arguments against that approach. But is not “highly inappropriate” or “dishonest” to do what JCT or any other neutral body would do.
How sad. I wish either of my grandmothers, married 56 years and almost 72 years, were still here to speak to this. “Can I do better?” is not a question to entertain once you’ve made a vow.
"Call Her Daddy" host Alex Cooper & actress Sophia Bush: if a woman is questioning whether she can do better than her current husband, "the answer is always yes."
"This idea that it's too late or you're too old, or who are you to want more, that's patriarchy. That is crazy."
7yo: Mom who was the first girl president again?
Me: We haven’t had one yet
7yo, after a pause: What if it was me?
Me: Well you’d be the leader of the whole United States
7yo: So I could make pennies again?!
Tantalizing new TIGTA report on implementation of the "big 4" OBBB tax cuts (tips, OT, senior deduction, auto loan interest).
Lots of redactions like this:
https://t.co/hvSnlpHZ1d
An asset-neutral tax break* is not an asset-specific tax break
(*calling it a "tax break" is also a question-begging rhetorical move—it assumes the neutral tax base is income and not consumption)
Remote work is an incredible gift for those (like myself) for whom the options are remote work or no work, and who are surrounded by an already large social infrastructure — including my four homeschooled kids.
I am 100% ready to believe it’s very bad for young people just starting out, and for [many] others who benefit a lot from the structure of being in the office or onsite somewhere.
@gabriel_zucman The differences by discipline are interesting.
Economists: 71% against
Accountants: 85% against
Lawyers: 60% in favor
Economists and accountants, who frequently study tax incentives, measurement, and implementation, were considerably less supportive than lawyers.