Should-Read: Jason Furman: @jasonfurman on Twitter
Should-Read: Can this possibly be correct? I know that they are incompetent. But can they be this incompetent?: Jason Furman: @jasonfurman on Twitter: “The effective marginal tax rates on equipment investment in the Senate bill are really weird…
…A huge incentive to pull investment forward into 2018. And then higher EMTRs in 2023 & beyond than today (assuming expensing expires)”