Public Policy, Economics, and Political Commentary by Matthew Yglesias
Tax burden impacts affluent more in D.C., Matthew Yglesias notes
Matthew Yglesias observes that Washington, D.C. does not have New York City’s population of extremely wealthy individuals. He points out that as a result, the District’s current tax burden ...
Matthew Yglesias: Land use reform seen as critical economic issue
Matthew Yglesias highlights the importance of land use reform, describing it as the most significant economic issue currently facing policymakers. He points out that while the topic may be ...
Platner campaign ran out of money despite fundraising success, Matthew Yglesias notes
Matthew Yglesias raises questions about how Platner's campaign ended up out of money, given their strong fundraising performance. Yglesias observes that Maine is not considered an expensive state ...
Matthew Yglesias: Critiques of GDP growth lead to weaker economic outcomes
Matthew Yglesias critiques the stance of postliberals who downplay the importance of GDP growth in favor of focusing on building robust communities and promoting human flourishing. He argues that ...
Free market housing is critical for young people, Matthew Yglesias argues
Matthew Yglesias argues that the primary driver of economic dysfunction for young people is the current state of housing. He contends the problem stems not from free markets, but rather from their ...
Matthew Yglesias: Knicks may be overly cautious about second apron given strong revenue potential
Matthew Yglesias questions why the New York Knicks are so concerned about the second apron, given the team's strong revenue estimates and the affluent basketball fan base in New York. He points ...
Accrual basis makes veterans benefits appear costlier, Matthew Yglesias notes
Matthew Yglesias highlights a recent finding from the Congressional Budget Office (CBO) regarding veterans benefits. According to Yglesias, the CBO indicates that when veterans benefits are ...
Matthew Yglesias: Broad consumption tax increases distortion and impacts exporters
Matthew Yglesias criticizes broad consumption tax measures, warning that they come with significant downsides. He notes that such taxes are more distortionary per dollar raised and their ...
Losing a war causes trillions in global economic damage, Matthew Yglesias notes
Matthew Yglesias criticizes the economic consequences of starting and subsequently losing a war. He highlights that the resulting trillions in lost global output represent a major event for the ...
Matthew Yglesias: Data centers seen as important source of tax revenue
Matthew Yglesias raises the idea that local support for Big Tech data centers could stem from the significant tax revenue they generate. He notes that teachers may appreciate these facilities ...
Willing to consider $150 million buyout for Slow Boring, Matthew Yglesias notes
Matthew Yglesias has indicated his openness to a potential buyout of Slow Boring for $150 million and expressed willingness to be involved in the venture. The statement suggests Yglesias is ...
Matthew Yglesias: Eliminate real estate transaction taxes and adopt normal property tax in UK
Matthew Yglesias suggests that in the United Kingdom, it would be more effective to eliminate taxes on real estate transactions. He proposes recouping the resulting lost revenue by introducing a ...
Changing tax rules could generate billions, Matthew Yglesias notes
Matthew Yglesias points out that while research suggests the phenomenon in question may be smaller than commonly believed, modifying its tax treatment could still result in raising tens of ...
Matthew Yglesias: Criticizes expanded rent control and social housing model math
Matthew Yglesias argues that certain economic policies, such as expanded rent control and a particular approach to social housing, are based on economically illiterate positions. Yglesias ...
YIMBY legislation tied to crypto regulation effort, Matthew Yglesias notes
Matthew Yglesias highlights that an important piece of YIMBY legislation has been combined with a separate bill focused on creating a regulatory framework for crypto-currency. The tweet points to ...
Matthew Yglesias: Voters seek lower U.S. interest rates and less inflation now
Matthew Yglesias argues that, in a democracy, only short-term budgets are practical. He reflects that fifteen years ago, weak labor demand was the main macroeconomic issue, whereas today, voters ...
Affordability agenda prioritizes growth and shared safety net, Matthew Yglesias argues
Matthew Yglesias emphasizes that a proper affordability agenda requires sidelining distractions and prioritizing economic growth along with a strong safety net to ensure that growth benefits are ...
Matthew Yglesias: Progressive income tax increases revenue share during economic growth
Matthew Yglesias explains that the progressive structure of the income tax means that as economic growth occurs, tax revenues automatically become a larger share of the country’s GDP. His ...
Large employers pay rising wage premium to lower-wage workers, Matthew Yglesias notes
Matthew Yglesias highlights that large employers are paying higher wages, with a growing wage premium especially notable for lower-wage workers. Yglesias references a new book by Arindrajit Dube ...
Matthew Yglesias: Loudoun County budget rises as property tax rates fall with data center revenue
Matthew Yglesias reports that Loudoun County is experiencing a steady increase in its budget while property tax rates are declining. Yglesias attributes this trend to revenue generated from data ...
Americans financial situation plays key role, Matthew Yglesias emphasizes
Matthew Yglesias calls on the president to prioritize the financial situation of Americans, highlighting its importance as part of the presidential role. Yglesias suggests that attention to ...
