• make the rest of the world worse off too in the long-run, esp. Canada & Mexico, but interestingly with minimal effects on China.
• raise $3.1-4.1T over a decade, & $450-550bn less from dynamic effects.
• hurt households at the bottom 3x more than those at the top.
3/4
• make the rest of the world worse off too in the long-run, esp. Canada & Mexico, but interestingly with minimal effects on China.
• raise $3.1-4.1T over a decade, & $450-550bn less from dynamic effects.
• hurt households at the bottom 3x more than those at the top.
3/4