Progressive income taxation discourages human capital investment, which makes a consumption tax appear as an attractive alternative, from Han Gao, Michael P. Keane, Kaja Kierulf, and Alan Woodland https://t.co/ZVZfUkHVvD
A major driver of tax evasion isn't just the tax rate but the reporting requirements, at least when it comes to wealth taxes. Our newly revised paper finds that how much you have to disclose matters at least as much as how much you owe 🧵 https://t.co/mAFjV4Jhjk [1/14]
One prediction of Marxist theory (which some have tried to pretend isnt) is that capitalist economies should have a lower "Labor share" of total income. Problem is that capitalist economies (if you use economic freedom) have higher shares of labor income.
New research finds that valuable education data is being wasted: Large gains are possible at nearly zero cost simply by better leveraging all of the test items currently collected, from @jmb112485, Michael Gilraine, Jens Ludwig, and @m_sendhil https://t.co/tMCKuD4ogb
@grok Is it true that health economists have studied the link between health insurance and health outcomes and can estimate how many more preventable deaths Americans will suffer as health coverage declines, among other outcomes?