Kimberly Clausing

Economist; Professor @UCLA_Law; sr fellow @PIIE; former tax DAS at Treasury; Author, Open: The Progressive Case for Free Trade, Immigration, and Global Capital

[Jason Furman @jasonfurman]

What do Larry Kudlow, Janet Yellen, Steve Mnuchin, @econJaredB & me have in common? We all believe the permitting reform bill is essential for America to build, grow, tackle climate change and maintain our technological lead.

Probably the broadest letter I've ever signed.

[Stan Veuger @stanveuger]

Wow, this was so hard to foresee when Congress—including 30+ Dem senators and 50+ House members—voted to give Trump new tariff powers

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

It's almost as if Econ 101 usually works, and Oren Cass doesn't know anything

[Catherine Rampell @crampell]

Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate-- then were told to lay off. https://t.co/cpIBv4aSo5

[Rachel Cohen Booth @rcobooth]

There are real limits to what we can accomplish in a world where people believe nothing they do really matters.

My book (!) is about how we wound up in a place where millions of people feel like spectators in their own lives. And how we course correct. Because we can.

[Kimberly Clausing @KClausing]

@scottlincicome If only someone had warned it would turn out that way.

[Kimberly Clausing @KClausing]

Link here:

https://t.co/1XvEhA5YqN

[Kimberly Clausing @KClausing]

(1/11) 🧵In my piece in today’s FT, I argue that the corporate tax is an excellent tool for taxing the same wealth that proponents of billionaires’ taxes (or the CA wealth tax) are reaching for. Link at end of thread.

[Kimberly Clausing @KClausing]

(10/11) Finally, a stronger corporate tax can handle the fiscal challenge of AI. We don’t know which firms win, or how much, or how the labor share of income evolves. But corporate tax is a flexible tool for society to share in business success (w/o govt taking shares!).

[Rep. Don Beyer @RepDonBeyer]

Infuriating—but this is what we warned anyone who would listen: Trump isn't the slightest bit trustworthy when it comes to Russia.

Giving him expanded tariff powers in hopes he would use them to help Ukraine was a mistake.

Now he's *lifting* sanctions on Russian fossil fuels.

[Ben Rhodes @brhodes]

Today, the U.S. is sanctioning the ICC and doing a deal with Putin who faces an ICC arrest warrant.