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Tuomas Artman x.com
Pass a law that dynamically adds a multiplier to all federal taxes based on the projected deficit.
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19 September
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korrents.com
Reagan-era tax cuts for the rich did not deliver the faster economic growth they were promised in return.Their words
The Reagan Revolution promised faster growth in exchange for lower taxes on the rich. The rich won; the growth never showed up.
16 September
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Their words
Republicans' long-term strategy, since Reagan, is to spend a lot of money (mainly on things that won't benefit non-rich Americans), refuse to raise taxes, and therefore greatly increase the national debt.
14 September
11 September
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korrents.com
Germany's crisis is too deep to be solved by conventional tax, spending, or regulatory adjustments.Their words
Germany is in trouble. But the trouble goes deep and cannot be addressed by "more of the same" socio-economic measures in the domain of taxes or social spending or regulation.
8 September
7 September
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Their words
America’s large trade deficit in manufactured goods does mean that we have fewer manufacturing jobs than we would if that trade were balanced.
Neo-Nazis and the Impotence of Trumponomicspaulkrugman.substack.com
4 September
2 September
29 August
24 August
23 August
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korrents.com
Most high-skilled Europeans are happy to pay even high taxes, provided the government does a great job in return.Their words
I think most high skilled Europeans are happy to pay (even high) taxes That is, if the government does a great job like Singapore or Dubai or Korea or Japan and most things work well You pay the government for a service and you get safe cities, great public services and great healthcare back
21 August
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Their words
The debt dynamics work the same for a central government as they do for a person or a company, except that a central government has a central bank that can print money (which devalues it) and it can take money away from people via taxes.
21 July
14 July
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Readaffiliate linkrcmnd.app
How NOT to InvestTheir words
Ritholtz does exactly that, running through such surefire ways to wreck your wealth as ignoring taxes, paying excessive fees, misinterpreting data, overreacting to short-term trends, and trading too much.
18 June
9 May
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Their words
The necessary tax rates depend on how big a government you want, but all these systems rely on people paying taxes.
29 April
11 March
24 February
From one piece Attack of the Zombie Tariffs 2 beliefs, in the piece's order there
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Their words
Revenue from the Trump tariffs, even pre-Court, wasn’t enough to make a large dent in the deficit.
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korrents.com
The 2025 American tariffs did not reduce the trade deficit they were imposed to reduce.Their words
In fact, the U.S. trade deficit for all of 2025 was about the same as it was in 2024.
13 October 2025
30 September 2025
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Their words
That's how you end up in an endless loop of ever-increasing taxes, ever-increasing regulation, which ultimately suffocates free market, free enterprise, and free speech. So, you do want to have very, very strict limitations on the extent the government can increase its powers at the expense of citizens.
18 August 2025
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Their words
it has to be consolidated because to basically make the money back on the pre-training and post-training process you need relatively few players that are collecting taxes you know from all the players on top or you just can't make the the math work.
13 August 2025
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Their words
The trade deficits have widened since Trump, right? They haven’t closed the imbalance with China and with the rest of the world because ultimately the US saves less than it invests. And that’s a macrophenomenon. It’s not a trade phenomenon
29 April 2025
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korrents.com
Payroll taxes fall mostly on workers rather than employers because labor supply is inelastic.Their words
Employer-side payroll taxes superficially raise hiring costs, yet the low elasticity of labor means most of the burden really falls on workers.
14 April 2025
From one piece Tariffs, saving, and investment 3 beliefs, in the piece's order there
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Their words
But the spike in interest rates require to do this would be huge. And the trade shock will cause a sharp recession, or worse, putting even more stress on the budget. A debt crisis is likely along the way as the US finds it impossible to roll over debt.
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Their words
Cure the disease, not the symptoms. Reform taxes to tax consumption, not saving and investment. Stop funneling borrowed money to consumption.
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korrents.com
The American trade deficit is foreigners choosing to invest in America, not America being cheated.Their words
this story tells us how an increase in foreign demand to save in the US rather than at home will push up the dollar, and cause the trade deficit, which is in effect how foreigners send us factories which they would rather build here than in their own countries.
6 April 2025
16 March 2025
21 January 2025
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Their words
The fact remains that without a stock of capable administrators, industrial policy and export targeting and infrastructure-building—or even Adam Smith’s minimum of “peace, easy taxes, and a tolerable administration of justice”—are a nonstarter.
13 July 2024
16 March 2024
17 January 2024
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korrents.com
Social justice is intrinsically unjust, because the state can only fund it by collecting taxes coercively.Their words
El problema es que la justicia social no es justa, sino que tampoco aporta al bienestar general; muy por el contrario, es una idea intrínsecamente injusta porque es violenta; es injusta porque el Estado se financia, a través de impuestos y los impuestos se cobran de manera coactiva.
6 November 2023
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Their words, before
If the future is like the past, this implies that debt rollovers—that is, the issuance of debt without a subsequent increase in taxes—may well be feasible. Put bluntly, public debt may have no fiscal cost.
Their words now
Across advanced economies, the celebrated ( r - g ), i.e., the difference between the interest rate and the growth rate, appears to have durably changed sign or, at a minimum, to have gone from a substantially negative number to a number closer to zero.
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Their words
Thus, once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase.
19 December 2022
1 June 2022
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Their words
Multipliers are likely to vary a lot over time and space, but the bulk of the evidence is that they are different from zero, positive for spending, negative for taxes, and that they are stronger when monetary policy does not or cannot react to fiscal policy.
5 January 2022
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