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Kimberly Clausing
5,713 posts
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Kimberly Clausing
@KClausing
Economist; Professor @UCLA_Law; sr fellow @PIIE; former tax DAS at Treasury; Author, Open: The Progressive Case for Free Trade, Immigration, and Global Capital
LAX; PDX
law.ucla.edu/faculty/facult…
Joined January 2012
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  • user avatar
    Kimberly Clausing
    @KClausing
    Apr 2, 2025
    For the journalists out there, those numbers are not tariffs. The European Union, e.g., has weighted average tariff rates of ~ 3% and arguably lower on US goods. So they are clearly including VATs and who knows what else?? This false reciprocity is nonsense. For more, see:
    356K
  • user avatar
    Kimberly Clausing
    @KClausing
    Feb 1, 2021
    Update: Sworn in today as deputy assistant secretary for tax analysis in Treasury. Tax policy is a key tool for tackling our biggest challenges, incl. pandemic relief & recovery, climate change, and inequality. Grateful to be part of Biden policy team! Fired up and ready to go.
  • user avatar
    Kimberly Clausing
    @KClausing
    Mar 26, 2020
    Here's a paper that deserves more downloads, on the 1918 flu. Findings in short: Cities that intervene more aggressively grow faster afterwards. More early/aggressive interventions lower mortality *and* reduce negative economic consequences. papers.ssrn.com/sol3/papers.cf…
  • user avatar
    Kimberly Clausing
    @KClausing
    Sep 20, 2020
    Net 175,000 missing manufacturing jobs due to Trump's reckless trade wars, plus higher prices for consumers and slower growth. Excellent summary of recent research from @Kadee_Russ. “The Trade War Has Cost 175,000 Manufacturing Jobs and Counting” econbrowser.com/archives/2020/…
  • user avatar
    Kimberly Clausing
    @KClausing
    Oct 1, 2024
    (1/3) Oren Cass had a piece recently in the Atlantic (theatlantic.com/politics/archi…) that mischaracterizes what we know (and don’t know) about tariffs. Maurice Obstfeld and I respond here (the Atlantic declined to publish). piie.com/blogs/realtime…
    Trump’s Most Misunderstood Policy Proposal
    From theatlantic.com
    236K
  • user avatar
    Kimberly Clausing
    @KClausing
    Nov 12, 2020
    Time to reread this, folks. God Help Us if Judy Shelton Joins the Fed
    Judy Shelton on Capitol Hill in February.
    Opinion | God Help Us if Judy Shelton Joins the Fed (Published 2020)
    From nytimes.com
  • user avatar
    Kimberly Clausing
    @KClausing
    Mar 18, 2020
    Vote by mail is ALWAYS a good idea, and it is the only sensible solution now. It has worked beautifully in Oregon with no issues of fraud, and it enables busy people to participate in democracy. Every state should adopt. And while we're at it, automatic voter registration.
    user avatar
    CNBC
    @CNBC
    Mar 17, 2020
    Senators push to let every American vote by mail as coronavirus keeps people at home cnb.cx/3b0Qw0m
  • user avatar
    Kimberly Clausing
    @KClausing
    Dec 21, 2018
    Everyone had their own way of copying with the 2016 election; this was mine. I'll be relentless tweeting about it later, but it's exciting to get author copies today. Available for pre-order from hup.harvard.edu/catalog.php?is… or amazon.com/gp/product/067….
  • user avatar
    Kimberly Clausing
    @KClausing
    Jul 20, 2020
    (1/9) How to make a more equitable globalization? The tax system is essential. Of late, the labor share of income has fallen, yet capital is difficult to tax due to its international mobility. In a new draft, @gabriel_zucman, Emmanuel Saez and I propose a coordinated minimum tax.
  • user avatar
    Kimberly Clausing
    @KClausing
    Jul 19, 2024
    Trump's pushing all-around inflationary agenda. (1) Tariffs = regressive, distortionary tax on consumption (2) less immigration => price pressures, (3) unfunded tax cuts => price pressures , (4) threatening Fed independence, and (5) weak dollar policy.
    This post is unavailable.
    41K
  • user avatar
    Kimberly Clausing
    @KClausing
    Jun 1, 2022
    Update: I’ve finished my service at Treasury. I have so much respect and admiration for the Treasury team, and most especially our leader, the inimitable @SecYellen, who has done so much to move us forward over the prior 17 months. More later, but for now, rest.
  • user avatar
    Kimberly Clausing
    @KClausing
    Jul 25, 2019
    Terrific policy. A carbon tax, 70 % rebated to those with low&middle incomes and 30% used for green infrastructure, R&D, and adjustment. Nice. Senators to unveil carbon tax bill to generate $2.5 trillion in 10...
    reuters.com
    Senators to unveil carbon tax bill to generate $2.5 trillion in 10 years
    Two Democratic U.S. senators will unveil a bill on Thursday to curb climate change by slapping a fee on oil, natural gas and coal and delivering most of the revenues to low- and middle-income...
  • user avatar
    Kimberly Clausing
    @KClausing
    Feb 26, 2019
    Good piece from @Noahpinion: Centrists like Klobuchar are right that free college is not ideal policy. But free college for low-income kids, and free community college, is achievable. "This is a case when big promises should give way to smart policy."
    bloomberg.com
    Cheaper College Makes More Sense Than Free College
    The answer is to give more help to the poor while shifting more of the burden to the well-off.
  • user avatar
    Kimberly Clausing
    @KClausing
    Nov 6, 2020
    Replying to @JimZarroli
    The president-elect.