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Wojtek Kopczuk
Public finance economist, I work on topics related to tax policy and/or inequality. Professional skeptic. If vowels are missing, the tweet is in Polish.
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Wojtek Kopczuk Nov 20
Replying to @ikuziemko
No, because the debt problem will grow as the result of this policy, Medicare and Social Security are growing regardless, so that tax increases in a few years will be a necessity to keep above the water rather than a luxury. You want VAT. That's how everybody else does it.
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Wojtek Kopczuk Nov 19
It may be, which now makes me think that it may hit harder either the very top (NSF and alike) or lower ranked programs (having outside funding source is key because no internal funding)
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Wojtek Kopczuk Nov 19
Yes, that was my point. I didn't think of foreign students because, I think, most foreign PhDs at Columbia are funded similarly as Americans (ie internally). My impression is that there is more foreign agencies funding in masters programs
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Wojtek Kopczuk Nov 19
Yes, but they are usually not paying out of pocket either
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Wojtek Kopczuk Nov 19
Definitely for masters programs; not sure about PhDs
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Wojtek Kopczuk Nov 19
Replying to @ernietedeschi
They cannot then charge NSF and other funding sources a positive price
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Wojtek Kopczuk Nov 19
A proof that education is not always beneficial
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Wojtek Kopczuk retweeted
Daniel Bergstresser Nov 18
Replying to @dynarski
Gibby Haynes of the Butthole Surfers is the son of “Mr. Peppermint”, aka Jerry Haynes, who was a regionally prominent Dallas children’s TV entertainer.
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Wojtek Kopczuk Nov 18
Replying to @dbergstresser
That's both modern and outdated.
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Wojtek Kopczuk Nov 18
Replying to @wwwojtekk
And there are 10 types of people: those who'll like it and those that won't
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Wojtek Kopczuk Nov 18
Apparently, this is my 10000000000th tweet
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
The inflating tuition part is really about price discrimination. There are merits to it (eg financial aid) but I agree that it gives a lot of power to universities.
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
Ah, I see. Still govt taxing upside without deducting investment costs.
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
?
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
BTW, I feel differently about taxing university endowments - I think the disitortion due to tax exempt status is big and poorly targeted
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
I'd rather see an expansion of BA tuition deductibility than this. Given the stress on not distorting physical capital investments, the direction of this change is particularly glaring
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
I agree with you that there is a distortion but I'm much less sure about the direction. It's a human capital investment and the distortion is due to disparate treatment of different investments
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Wojtek Kopczuk Nov 18
Replying to @swinshi @Lollardfish
Sticker tuition price could be lower, the net price would be higher. It is a tax increase, and incidence will be, at least partially, borne by students.
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Wojtek Kopczuk Nov 18
Replying to @Wad_emecum
Na większości się zgodzę - repatriantów widać. Ale infrastruktura chyba wygląda inaczej.
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Wojtek Kopczuk Nov 18
"cretin hop" was a deeper Ramones song
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