Tag Archives: Profits

Tax Evasion on Offshore Profits and Wealth

From Gabriel Zucman: This article attempts to estimate the magnitude of corporate tax avoidance and personal tax evasion through offshore tax havens. In the United States, corporations book 20% of their profits in tax havens – a tenfold increase since … Continue reading

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Who Benefits when the Government Pays More? Pass-Through in the Medicare Advantage Program

From Mark Duggan, Amanda Starc, Boris Vabson: Governments contract with private firms to provide a wide range of services. While a large body of previous work has estimated the effects of that contracting, surprisingly little has investigated how those effects vary … Continue reading

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America risks becoming a Downton Abbey Economy

From Larry Summers: Inequality has emerged as a major issue in the US and beyond. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in … Continue reading

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Private Equity, Productivity, and Inequality

Sorry for the light posting – I have been traveling for job interviews. Here’s an interesting paper that I heard about recently. It shows that  private equity buyouts bring productivity improvements and lower payrolls on average. Here is the full … Continue reading

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3 Links on Corporate Profits

1. Jim Tankersley writes on Boeing and state corporate tax breaks and profiles my job market paper with Juan Carlos Suárez Serrato on the welfare effects of cutting corporate taxes in an open economy 2. Enrico Moretti on the tech boom and … Continue reading

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Are Markups Increasing?

Given the recent discussion about trends in corporate profits and market power [see a great FT article by Robin Harding, this op-ed from Paul Krugman, this post from Tyler Cowen, and these two posts of mine], I thought I’d share this figure from … Continue reading

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A Corporate Tax Proposal from Larry Summers

From Larry Summers: The US should eliminate the distinction between repatriated and unrepatriated foreign corporate profits for US companies and tax all foreign income (after allowance for taxes paid to other governments) at a fixed rate well below the current … Continue reading

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