Institute for Macroeconomic & Policy Analysis IMPA
@impamodel
An initiative of @AmericanU, IMPA produces research and policy ideas rooted in the public interest—with insights on macro, taxation, inequality, and more.
Presentamos en el #Vaticano el Reporte del Jubileo, un enorme trabajo colectivo de más de 30 economistas y expertos legales de todos los continentes que nos encomend�� el Papa Francisco para trazar un camino para la solución de las crisis de deuda y del desarrollo que están sufriendo decenas de países en el mundo.
Los invito a leer el Reporte, que contribuye al legado de ese gran maestro que es Francisco, y en particular a su llamado a transformar las finanzas internacionales en favor de una prosperidad compartida.
En inglés (original): https://t.co/3YoDExIwJA
En español (traducción): https://t.co/2XjKEXVDHi
#JubileeReport #PapaFrancisco
Proposed cuts to federal research funding won’t just affect #scientists — they impact our #economy. A study from @impamodel found a 25% reduction in public research funding would decrease GDP by 3.8% — comparable to the Great Recession.
Learn what we’re doing to support science funding: https://t.co/vHe4suD323
The House reconciliation bill would extend—and raise to 23%—the QBI deduction. IMPA’s analysis finds no economic justification: no impact on investment or growth, substantial revenue loss, and regressive distributional effects. Read our full report here: https://t.co/n6xvSG8zU7
Trump's proposed budget would switch off huge swaths of America's scientific enterprise - from NASA to cancer research to disaster forecasting.
"The economy tomorrow is going to be smaller because you decided to cut that funding today.”
New research from @impamodel in NPR 👇
IMPA’s new research on the long-run costs of cutting federal R&D funding is featured in today’s
@nytimes
The findings are clear: plausible cuts would shrink U.S. GDP for generations.
📉 Read the article: https://t.co/swaDdBoC8T
Research from @impamodel shows that cutting taxes on the rich doesn’t help the economy, and would actually weaken the government’s fiscal position.
Alternatively, raising the top marginal tax rate to just 44% could significant increase federal revenue. https://t.co/zkHD2qFr7S
Extending the TCJA's tax cuts for high earners would forgo these benefits.
Read our full report: https://t.co/lzYGRpw3uv
And our blog post on https://t.co/V8D91AaYt3 summarizing the main findings: https://t.co/BesDkELzfS
Did you hear the talk about some Republicans being open to raising taxes on top earners? If anyone is still worried about higher taxes on the rich hurting economic growth, we have good news: they don’t.
What they undeniably do is raise revenue and reduce income inequality.
Join us this Wednesday, April 23, as we host @JosephEStiglitz, @ikuziemko, Vanessa Williamson, and more for a timely conversation on U.S. economic policy—and the values that underpin it.
🕥 10am–12pm 📍 AU campus, SIS Building
🔗 RSVP here: https://t.co/daB5xugT4y
🚨New Research!
Our co-chair @JosephEStiglitz with @jamontecino &
@Nacho2G explore the optimal design of corporate tax policy in a new @nberpubs paper
🔹Market Power Wealth crowds out productive investment, this justifies higher corporate tax rates for a more efficient economy.
A huge congratulations to our board member @baselinescene and his fellow laureates Daron Acemoglu and James Robinson on receiving the Nobel Prize! 🎉 A well-deserved honor!
"Unless corporations and the wealthy pay their fair share of taxes, the US will struggle to address numerous pressing challenges..."
Read @JosephEStiglitz, @Nacho2G and @jamontecino op-ed for @bloombergtax
https://t.co/you6SlLzFj
A reminder of why corporate taxes matter: significant revenues, yes, but also other social and economic benefits
Great oped from @JosephEStiglitz@Nacho2G@jamontecino in @Bloomberg@tax
https://t.co/FChopMZxZl
Out today in @tax, my opinion piece written with @jamontecino and Ignacio González on why corporations must pay their fair share of taxes https://t.co/dL7d2k6nCk
NEW: In @business, @JosephEStiglitz and @impamodel's @Nacho2G and @jamontecino make the case for raising the corporate tax rate in 2025 and getting our payback:
"Corporations play an important role in our society ... They need to pay their fair share."
https://t.co/UdgVbcIaoV
���Join us on April 17th for our colloquium on Inequality and the Macroeconomy! Academic presentations by Minsu Chang (Georgetown) on monetary policy & inequality, and @selinsecilakin (AU) on gender inequality & fiscal policy. #Economics #Inequality
After the academic session, our policy panel on the US tax debate will feature experts like @NikoLusiani (Roosevelt Institute), @rakeen_mabud (Groundwork Collaborative), @SurRuiz (Oxfam), & @Nacho2G (AU) Moderated by @SarahDAnderson1 (Institute for Policy Studies).