{"id":5640,"date":"2021-04-12T16:17:04","date_gmt":"2021-04-12T08:17:04","guid":{"rendered":"http:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=5640"},"modified":"2021-04-12T16:17:04","modified_gmt":"2021-04-12T08:17:04","slug":"nyt-krugman-wonks-out-why-was-trumps-signature-policy-such-a-flop","status":"publish","type":"post","link":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/?p=5640","title":{"rendered":"NYT: Krugman Wonks Out: Why Was Trump\u2019s Signature Policy Such a Flop?"},"content":{"rendered":"<p>The abject failure surprised even the critics. NYT, April 9, 2021<br \/>\n<iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" title=\"Krugman Wonks Out: Why Was Trump\u2019s Signature Policy Such a Flop?\" src=\"https:\/\/www.nytimes.com\/svc\/oembed\/html\/?url=https%3A%2F%2Fwww.nytimes.com%2F2021%2F04%2F09%2Fopinion%2Ftrump-corporate-tax-reform.html#?secret=1X3KruhsvV\" data-secret=\"1X3KruhsvV\" scrolling=\"no\" frameborder=\"0\"><\/iframe><br \/>\nToday\u2019s column is about the Biden administration\u2019s proposal for corporate tax reform \u2014 a term I use advisedly. For this isn\u2019t just about raising the tax rate, although that\u2019s part of it. It\u2019s also an attempt to crack down on tax avoidance, in particular the strategies multinational corporations use to shift reported profits to low-tax jurisdictions.<br \/>\nWill this happen? Probably, although it will be tricky keeping the Democratic caucus in line (there won\u2019t be any Republican votes). But it wouldn\u2019t be happening if the 2017 Trump tax cut for corporations hadn\u2019t been such a complete flop, hadn\u2019t failed so completely to deliver the promised surge in business investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The abject failure surprised even the critics. NYT, April 9, 2021 Today\u2019s column is about the Biden administration\u2019s proposal for corporate tax reform \u2014 a term I use advisedly. For this isn\u2019t just about raising the tax rate, although that\u2019s part of it. It\u2019s also an attempt to crack down on tax avoidance, in particular [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-5640","post","type-post","status-publish","format-standard","hentry","category-reflections","category-international-economics"],"_links":{"self":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5640"}],"version-history":[{"count":1,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5640\/revisions"}],"predecessor-version":[{"id":5641,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=\/wp\/v2\/posts\/5640\/revisions\/5641"}],"wp:attachment":[{"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.rchss.sinica.edu.tw\/wwchu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}