Five distinct groups exist according to the survey -
The factions jostling for Donald Trump’s favour
economist.com/graphic-deta...
from The Economist
The factions jostling for Donald Trump’s favour
economist.com/graphic-deta...
from The Economist
The factions jostling for Donald Trump’s favour
We have identified five Republican tribes. This is what they mean for the party
economist.com
August 30, 2025 at 5:30 AM
Five distinct groups exist according to the survey -
The factions jostling for Donald Trump’s favour
economist.com/graphic-deta...
from The Economist
The factions jostling for Donald Trump’s favour
economist.com/graphic-deta...
from The Economist
TICAD 9 in Yokohama: AI, Gavi, and other initiatives. japan.kantei.go.jp/103/statemen... "We will support Africa’s vaccine supply through contributions of up to $550 million over the next five years to Gavi, the Vaccine Alliance."
Prime Minister Ishiba’s Remarks at the Opening Session of TICAD 9 | Prime Minister's Office of Japan
Speeches and Statements by the Prime Minister - Prime Minister's Office of Japan
japan.kantei.go.jp
August 21, 2025 at 7:53 AM
TICAD 9 in Yokohama: AI, Gavi, and other initiatives. japan.kantei.go.jp/103/statemen... "We will support Africa’s vaccine supply through contributions of up to $550 million over the next five years to Gavi, the Vaccine Alliance."
Reposted by MASUI Yoshihiro
My article The New Economic Geography is out today in @foreignaffairs.com
Please read!
(Ungated link, suitable for sharing)
shared.outlook.inky.com/link?domain=...
Please read!
(Ungated link, suitable for sharing)
shared.outlook.inky.com/link?domain=...
The New Economic Geography
Who profits in a post-American world?
shared.outlook.inky.com
August 19, 2025 at 11:53 AM
My article The New Economic Geography is out today in @foreignaffairs.com
Please read!
(Ungated link, suitable for sharing)
shared.outlook.inky.com/link?domain=...
Please read!
(Ungated link, suitable for sharing)
shared.outlook.inky.com/link?domain=...
Reposted by MASUI Yoshihiro
Our analysis of the full Joint Committee on Taxation tables of the flawed GOP megabill: a $1T tax cut for the top 1% and a staggering $2.4T tax cut for the top 10%.
Tax cuts of around $500B for households in the bottom 60%--the very folks who also face the brunt of cuts to Medicaid and SNAP.
Tax cuts of around $500B for households in the bottom 60%--the very folks who also face the brunt of cuts to Medicaid and SNAP.
July 31, 2025 at 1:02 PM
Our analysis of the full Joint Committee on Taxation tables of the flawed GOP megabill: a $1T tax cut for the top 1% and a staggering $2.4T tax cut for the top 10%.
Tax cuts of around $500B for households in the bottom 60%--the very folks who also face the brunt of cuts to Medicaid and SNAP.
Tax cuts of around $500B for households in the bottom 60%--the very folks who also face the brunt of cuts to Medicaid and SNAP.
Reposted by MASUI Yoshihiro
An instant post about that Japan deal. It's basically a joke
paulkrugman.substack.com/p/about-that...
paulkrugman.substack.com/p/about-that...
About That Japan Deal
Arithmetic has a well-known globalist bias
paulkrugman.substack.com
July 23, 2025 at 12:17 PM
An instant post about that Japan deal. It's basically a joke
paulkrugman.substack.com/p/about-that...
paulkrugman.substack.com/p/about-that...
Reposted by MASUI Yoshihiro
Have you heard the good news?
A forthcoming conference will launch the The Association of Law and Political Economy: a membership organization with a regular annual conference, elected leadership, and an architecture for open participation and collaboration.
A forthcoming conference will launch the The Association of Law and Political Economy: a membership organization with a regular annual conference, elected leadership, and an architecture for open participation and collaboration.
CFP: Inaugural Association of Law and Political Economy Conference
A forthcoming conference will launch the The Association of Law and Political Economy (ALPE): a membership organization with a regular annual conference, elected leadership, and an architecture for…
lpeproject.org
July 17, 2025 at 3:21 PM
Have you heard the good news?
A forthcoming conference will launch the The Association of Law and Political Economy: a membership organization with a regular annual conference, elected leadership, and an architecture for open participation and collaboration.
A forthcoming conference will launch the The Association of Law and Political Economy: a membership organization with a regular annual conference, elected leadership, and an architecture for open participation and collaboration.
Reposted by MASUI Yoshihiro
We are excited to launch a project to remake federal tax administration. Effective tax administration is critical to the federal government, but has recently faced drastic challenges over the last six months.
July 17, 2025 at 6:17 PM
We are excited to launch a project to remake federal tax administration. Effective tax administration is critical to the federal government, but has recently faced drastic challenges over the last six months.
Reposted by MASUI Yoshihiro
Okay, this is very significant news! A 10% tax on revenues (not profits) would not only break new ground in Germany, it’d be by far the highest digital tax rate in Europe.
Germany eyes 10% digital tax on tech giants
Proposed levy would affect companies including Google and Meta
on.ft.com
May 29, 2025 at 5:32 PM
Okay, this is very significant news! A 10% tax on revenues (not profits) would not only break new ground in Germany, it’d be by far the highest digital tax rate in Europe.
Reposted by MASUI Yoshihiro
A key part of the reasoning:
"The Worldwide and Retaliatory Tariffs lack any identifiable limits and thus fall outside the scope of § 1702."
"The Worldwide and Retaliatory Tariffs lack any identifiable limits and thus fall outside the scope of § 1702."
US Court of International Trade just issued decision in case against Trump tariffs filed by Liberty Justice Center and me. All "Liberation Day"/IEEPA tariffs ruled illegal, and blocked by injunction! See link for opinion. I will have much more to say soon: www.cit.uscourts.gov/sites/cit/fi...
www.cit.uscourts.gov
May 28, 2025 at 11:17 PM
A key part of the reasoning:
"The Worldwide and Retaliatory Tariffs lack any identifiable limits and thus fall outside the scope of § 1702."
"The Worldwide and Retaliatory Tariffs lack any identifiable limits and thus fall outside the scope of § 1702."
Reposted by MASUI Yoshihiro
Check out this Throughline episode from @npr.org, where Tax Notes’ @joethorndike.bsky.social helps explain how the hunt for Al Capone helped turn the IRS into one of the U.S. government’s most powerful tools. 👇
The Tax Collector : Throughline
Gangsters, banksters, and politicians. Today on the show, how the hunt for Al Capone helped turn the IRS into one of the U.S. government's most powerful tools — and most effective weapons.To access bo...
www.npr.org
May 27, 2025 at 5:36 PM
Check out this Throughline episode from @npr.org, where Tax Notes’ @joethorndike.bsky.social helps explain how the hunt for Al Capone helped turn the IRS into one of the U.S. government’s most powerful tools. 👇
Reposted by MASUI Yoshihiro
Universities around the country should enter agreements with Harvard taking over Harvard students for their I20s, but allowing them to keep attending Harvard classes.
May 22, 2025 at 6:53 PM
Universities around the country should enter agreements with Harvard taking over Harvard students for their I20s, but allowing them to keep attending Harvard classes.
Reposted by MASUI Yoshihiro
JUST IN: International students make up more than a quarter of Harvard University's student body. Harvard says the government's actions, which could cut off a major revenue stream, are "unlawful."
Trump administration revokes Harvard's ability to enroll international students
International students make up more than a quarter of Harvard University's student body. Harvard says the government's actions, which could cut off a major revenue stream, are "unlawful."
www.npr.org
May 22, 2025 at 7:15 PM
JUST IN: International students make up more than a quarter of Harvard University's student body. Harvard says the government's actions, which could cut off a major revenue stream, are "unlawful."
Reposted by MASUI Yoshihiro
The House Ways and Means bill takes a troublingly haphazard approach to tax breaks that would create new opportunities for tax avoidance and evasion, add complexity to the tax system, and increase filing burdens for low- and middle-income people. taxlawcenter.org/blog/the-hou...
The House Ways and Means Tax Bill Encourages Tax “Gaming,” Adds Complexity, and Increases Filing Burdens on Low- and Middle-Income Families and Workers
This post explores the bill's troublingly haphazard approach to tax breaks that would create new opportunities for tax avoidance and evasion, add complexity to the tax system, and increase filing burd...
taxlawcenter.org
May 15, 2025 at 8:38 PM
The House Ways and Means bill takes a troublingly haphazard approach to tax breaks that would create new opportunities for tax avoidance and evasion, add complexity to the tax system, and increase filing burdens for low- and middle-income people. taxlawcenter.org/blog/the-hou...
Reposted by MASUI Yoshihiro
Another troubling own goal that will hurt US exports, US innovation, and US prosperity. (International student tuition is a service export.)
To say nothing to the damage to US standing in the world, international relations, and future partnerships... as well as the students themselves!
To say nothing to the damage to US standing in the world, international relations, and future partnerships... as well as the students themselves!
Canceled travel plans, deleted social media profiles and applications to transfer to universities in Canada or Europe. International students at U.S. colleges and universities shared how the Trump administration’s immigration policies have affected them.
For Some International Students, U.S. Dreams Dim Under Trump
www.nytimes.com
May 16, 2025 at 2:30 PM
Another troubling own goal that will hurt US exports, US innovation, and US prosperity. (International student tuition is a service export.)
To say nothing to the damage to US standing in the world, international relations, and future partnerships... as well as the students themselves!
To say nothing to the damage to US standing in the world, international relations, and future partnerships... as well as the students themselves!
Reposted by MASUI Yoshihiro
The thing that is particularly noteworthy here - to me at least - is that effective tax rates (i.e. what's actually paid) have *increased* recently. This aligns with OECD data (which uses a different methodology). It might be the first time in 40 or 50 years that such a broad increase has happened.
May 6, 2025 at 8:33 AM
The thing that is particularly noteworthy here - to me at least - is that effective tax rates (i.e. what's actually paid) have *increased* recently. This aligns with OECD data (which uses a different methodology). It might be the first time in 40 or 50 years that such a broad increase has happened.
Reposted by MASUI Yoshihiro
BOOM - EU court rules AGAINST Malta's "golden passports" scheme
"Such ‘commercialisation’ of citizenship is incompatible with the basic concept of Union citizenship as defined by the Treaties... Malta has infringed EU law"
Deep dive on this from @lauramdubois.ft.com here www.ft.com/content/b6ac...
"Such ‘commercialisation’ of citizenship is incompatible with the basic concept of Union citizenship as defined by the Treaties... Malta has infringed EU law"
Deep dive on this from @lauramdubois.ft.com here www.ft.com/content/b6ac...
Maltese ‘golden’ passports were sold to Russians with Ukraine war links
Paid-for citizenship that could be banned by European court was handed to people who later faced sanctions
www.ft.com
April 29, 2025 at 7:47 AM
BOOM - EU court rules AGAINST Malta's "golden passports" scheme
"Such ‘commercialisation’ of citizenship is incompatible with the basic concept of Union citizenship as defined by the Treaties... Malta has infringed EU law"
Deep dive on this from @lauramdubois.ft.com here www.ft.com/content/b6ac...
"Such ‘commercialisation’ of citizenship is incompatible with the basic concept of Union citizenship as defined by the Treaties... Malta has infringed EU law"
Deep dive on this from @lauramdubois.ft.com here www.ft.com/content/b6ac...
Reposted by MASUI Yoshihiro
The piece draws from our recently published article in @reggovjournal.bsky.social. We unpack how regulatory havens enable fossil capital and deepen colonial extraction.
Read the full paper here 👉 onlinelibrary.wiley.com/doi/10.1111/...
#Regulation #FossilCapital #TaxHavens #LPE #Caribbean
Read the full paper here 👉 onlinelibrary.wiley.com/doi/10.1111/...
#Regulation #FossilCapital #TaxHavens #LPE #Caribbean
Fossil Capital in the Caribbean: The Toxic Role of “Regulatory Havens” in Climate Change
Secrecy jurisdictions play a crucial role in the legal framework perpetuating climate change. This paper demonstrates how these jurisdictions sustain the dynamics of climate change by enabling capita...
onlinelibrary.wiley.com
April 21, 2025 at 1:24 PM
The piece draws from our recently published article in @reggovjournal.bsky.social. We unpack how regulatory havens enable fossil capital and deepen colonial extraction.
Read the full paper here 👉 onlinelibrary.wiley.com/doi/10.1111/...
#Regulation #FossilCapital #TaxHavens #LPE #Caribbean
Read the full paper here 👉 onlinelibrary.wiley.com/doi/10.1111/...
#Regulation #FossilCapital #TaxHavens #LPE #Caribbean
Reposted by MASUI Yoshihiro
The silence from Republican lawmakers re: Trump’s suggestions that IRS audit specific tax exempt orgs is deafening. Here’s a short history of how Rs and Ds responded to prior IRS reviews of tax exempts when *no* political appointees, let alone the President, were interfering. 1/
Trump eyes targeting more tax-exempt groups while denouncing Harvard
President Donald Trump defended his administration's moves to strip Harvard of its tax-exempt status and suggested more organizations could be in the IRS's crosshairs.
www.politico.com
April 20, 2025 at 4:37 PM
The silence from Republican lawmakers re: Trump’s suggestions that IRS audit specific tax exempt orgs is deafening. Here’s a short history of how Rs and Ds responded to prior IRS reviews of tax exempts when *no* political appointees, let alone the President, were interfering. 1/
Reposted by MASUI Yoshihiro
Some choice words on the tariffs.
PIIE experts react to Trump’s tariffs announced April 2 www.piie.com/blogs/realti...
PIIE experts react to Trump’s tariffs announced April 2 www.piie.com/blogs/realti...
PIIE experts react to Trump’s tariffs announced April 2
President Donald Trump rolled out a new Executive Order Wednesday imposing tariffs of 10 percent or higher on all US trading partners. Here is a sample of PIIE experts’ initial reactions, lightly edit...
www.piie.com
April 4, 2025 at 2:47 AM
Some choice words on the tariffs.
PIIE experts react to Trump’s tariffs announced April 2 www.piie.com/blogs/realti...
PIIE experts react to Trump’s tariffs announced April 2 www.piie.com/blogs/realti...
Reposted by MASUI Yoshihiro
(4/4) For more on principles for tax policy in the coming tax debate, including avoiding gimmicks (principle #8!) see my recent piece from @piie.com
www.piie.com/publications...
www.piie.com/publications...
Eight principles for the 2025 tax policy debate (that Republicans and Democrats should be able to agree on)
The Tax Cuts and Jobs Act, which Congress passed in 2017, came with a built-in policy time bomb—several of the more popular provisions are set to expire on the last day of 2025. These tax cut expirati...
www.piie.com
March 1, 2025 at 11:42 PM
(4/4) For more on principles for tax policy in the coming tax debate, including avoiding gimmicks (principle #8!) see my recent piece from @piie.com
www.piie.com/publications...
www.piie.com/publications...
Reposted by MASUI Yoshihiro
NEW: The US Securities and Exchange Commission (SEC) is backing away, one-by-one, from the volley of lawsuits and investigations it brought against cryptocurrency businesses under the Joe Biden administration.
The SEC Is Abandoning Its Biggest Crypto Lawsuits
Regulators at the US Securities and Exchange Commission have called a sudden truce with the cryptocurrency industry, bringing an end to years of legal conflict.
www.wired.com
February 28, 2025 at 4:20 PM
NEW: The US Securities and Exchange Commission (SEC) is backing away, one-by-one, from the volley of lawsuits and investigations it brought against cryptocurrency businesses under the Joe Biden administration.
Reposted by MASUI Yoshihiro
This "midnight" crypto rule took more than two years to draft, included two rounds of proposed regulations, and took in over 44,000(!) written public comments. There is no higher level of regulatory transparency.
Republicans simply want to let crypto-bros to evade taxes. That is all.
Republicans simply want to let crypto-bros to evade taxes. That is all.
Ways and Means Repeals Biden Administration’s Midnight Crypto Rule, Provides Bipartisan Tax Filing Relief for Disaster Victims – Ways and Means
waysandmeans.house.gov
February 28, 2025 at 10:24 PM
This "midnight" crypto rule took more than two years to draft, included two rounds of proposed regulations, and took in over 44,000(!) written public comments. There is no higher level of regulatory transparency.
Republicans simply want to let crypto-bros to evade taxes. That is all.
Republicans simply want to let crypto-bros to evade taxes. That is all.
Reposted by MASUI Yoshihiro
My co-author @shuyioei.bsky.social and I just posted our new paper, “Global Tax Decluttering,” looking at a new round of global tax dynamics: papers.ssrn.com/sol3/papers.....
Global Tax Decluttering
<p>Major global players—most prominently the OECD and European Union—have recently begun advocating that countries “declutter” their tax systems to tidy up, rep
papers.ssrn.com
February 19, 2025 at 9:21 PM
My co-author @shuyioei.bsky.social and I just posted our new paper, “Global Tax Decluttering,” looking at a new round of global tax dynamics: papers.ssrn.com/sol3/papers.....
Reposted by MASUI Yoshihiro
In light of latest of steel/aluminum tariff threats, it's a good time to review the evidence.
This work finds job losses in metals-using sectors outweigh job gains in metal sectors ~75 to 1.
Steel Tariffs and U.S. Jobs Revisited econofact.org/steel-tariff... via @econofact.bsky.social
This work finds job losses in metals-using sectors outweigh job gains in metal sectors ~75 to 1.
Steel Tariffs and U.S. Jobs Revisited econofact.org/steel-tariff... via @econofact.bsky.social
Steel Tariffs and U.S. Jobs Revisited | Econofact
The 2018 tariffs raised domestic steel prices, putting downstream U.S. manufacturing firms at a disadvantage relative to foreign competition.
econofact.org
February 10, 2025 at 4:17 AM
In light of latest of steel/aluminum tariff threats, it's a good time to review the evidence.
This work finds job losses in metals-using sectors outweigh job gains in metal sectors ~75 to 1.
Steel Tariffs and U.S. Jobs Revisited econofact.org/steel-tariff... via @econofact.bsky.social
This work finds job losses in metals-using sectors outweigh job gains in metal sectors ~75 to 1.
Steel Tariffs and U.S. Jobs Revisited econofact.org/steel-tariff... via @econofact.bsky.social
Reposted by MASUI Yoshihiro
(1/3) Some Early Lessons from the Trade War of February 1-3, aka the Groundhog Day trade war
#1 The good news. The US govt decided *not* to levy the largest tax increase in a generation, which would have been very distortionary, hurting production, employment, and growth across North America.
#1 The good news. The US govt decided *not* to levy the largest tax increase in a generation, which would have been very distortionary, hurting production, employment, and growth across North America.
Trump's tariffs on Canada, Mexico, and China would cost the typical US household over $1,200 a year
The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.
www.piie.com
February 4, 2025 at 12:25 AM
(1/3) Some Early Lessons from the Trade War of February 1-3, aka the Groundhog Day trade war
#1 The good news. The US govt decided *not* to levy the largest tax increase in a generation, which would have been very distortionary, hurting production, employment, and growth across North America.
#1 The good news. The US govt decided *not* to levy the largest tax increase in a generation, which would have been very distortionary, hurting production, employment, and growth across North America.