Kimberly Clausing
Economist; Professor @law.ucla.edu; senior fellow @piie.com; former tax DAS at Treasury; Author, Open: The Progressive Case for Free Trade, Immigration, and Global Capital
- We need more conversations across the divide, and I can think of no better person to further these conversations than Secretary Buttigieg. Pete Returns to Fox News youtu.be/c000vQXggH4?...
- Reposted by Kimberly ClausingThank you to everyone who demanded freedom for Liam. We won’t stop until all children and families are home.
- For those of you wondering how to help those in Minneapolis St Paul, an excellent list of resources is here, including both food support and legal assistance groups. mspmag.com/arts-and-cul...
- Reposted by Kimberly ClausingThey shot Renee Good in the face. They kidnapped Liam Ramos. They just executed a man on the street. Unmask them. Prosecute them. No more secret police.
- Reposted by Kimberly ClausingLifting this up again. A huge problem now is that there’s a giant slush fund for ICE & CBP separate from annual funding — that Trump can continue to use even during a shutdown. Ds *must* make rescinding those pots of money the price of any future funding deals, as Rs did w/ IRS money from the IRA.
- Reposted by Kimberly ClausingMy son is this age and I just keep looking at this photograph, unable to form a sentence that's not just a howl of rage
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- Carney's remarkable Davos speech. globalnews.ca/news/1162087...
- The economic consequences of President Trump have puzzled many, myself included. But many Trump policies make our economy weaker in the long run, even as they create short run disruption. An excellent read from @bencasselman.bsky.social in today's NYT (link follows). www.nytimes.com/2026/01/20/b...
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- Excellent piece on the silent acquiescence of the business community, from Robert Rubin in @wsj.com . www.wsj.com/opinion/why-...
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- Reposted by Kimberly ClausingAttempting to criminalize the actions of an independent public servant, Fed Chair Jay Powell, for the sin of acting independently is an outrage. It's bad economics, bad politics, bad for the rule of law, bad for the public sector, bad for American credibility and bad for Americans.
- A truly remarkable statement at an incredibly dispiriting time.
- Video message from Federal Reserve Chair Jerome H. Powell: www.youtube.com/watch?v=KckG... www.federalreserve.gov/newsevents/s...
- Reposted by Kimberly ClausingSome countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
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- A good exercise to do prior to your year-end giving. I support these three charities that work to alleviate global poverty (in reverse alphabetical order): 1. @unicefusa.org 2. @pih.org 3. www.givewell.org
- Reposted by Kimberly ClausingVery cool online tool that let's you see how your life might have turned out if you had been born in a different place on the planet. The biggest lottery in life is the "lottery of birthplace":
- The call for papers is out for this summer's IIPF (Intl. Institute of Public Finance) Congress, aptly titled "Public Finances in Turmoil". And I'm honored to be delivering one of the keynote talks. Hope to see you in Lisbon!
- The #IIPF2026 Call for Papers is out! 👉 www.iipf.org/papers/Call%... Submit your public finance paper by Feb. 15, 2026. Further information on the congress at www.iseg.ulisboa.pt/en/event/iipf/ Organizers at ISEG 👇 and Scientific Chairs Naomi Feldman and @dforemny.bsky.social #EconConf #EconSky
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- Reposted by Kimberly ClausingAccording to a new court filing, the Trump administration has a six-page list of banned words that Head Start locations are forbidden from using when describing their programs. Among the censored words: "disability," "race," "women," "trauma," "Gulf of Mexico." Short thread with the full list. 🧵
- Reposted by Kimberly ClausingHouseholds face annual costs of roughly $400–$900 from climate change—mainly from disasters, higher insurance, and energy costs—with lower-income families and certain regions hit disproportionately, from @kclausing.bsky.social, Knittel, and @cwolfram.bsky.social www.nber.org/papers/w34525
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- Excellent piece from @stanveuger.bsky.social and Clark Packard on why Congress must reclaim their clear authority over the power of the purse. See Article 1 Section 8 of the US constitution. This was also a theme of my recent testimony before HWM. waysandmeans.house.gov/event/tax-su...
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- Reposted by Kimberly ClausingClimate inaction is ALREADY a big expense affecting US households' costs. One of the biggest? The impact of climate-related natural disasters on housing costs. New post and research by @kclausing.bsky.social @knittelmit.bsky.social @cwolfram.bsky.social legal-planet.org/2025/11/20/c...
- New blog post today on work with @knittelmit.bsky.social and @cwolfram.bsky.social. Climate inaction is *already* a big expense affecting US households costs; the most important mechanism is the impact of climate-related natural disasters on housing costs. legal-planet.org/2025/11/20/c...
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- Reposted by Kimberly ClausingBetting market odds for SCOTUS letting Trump keep his tariffs have tanked
- A good day to re-up this thread on why tariffs are a poor tax policy instrument. Also relevant today, this broad use of tariffs definitely exceeds the President's authority under IEEPA. Early indications suggest the court agrees.
- 🧵 (1/8) My new working paper with Maurice Obstfeld, “Tariffs as Fiscal Policy”, was just posted today @piie.com. Within, we evaluate the new role that tariffs are playing in the US economy. www.piie.com/publications...
- At least these small businesses are standing up for the integrity of the constitution (and demonstrating the harmful economic effects of tariffs). www.nytimes.com/live/2025/11...
- And kudos to @kaine.senate.gov and Sen. Rand Paul for making such clear and persuasive arguments.
- Watching this terrific event right now @piie.com. Good to see some bipartisanship on this important issue. And the results from today's Senate vote on the Canada tariffs & yesterday's vote on the Brazil tariffs. www.piie.com/events/2025/...
- Watching this terrific event right now @piie.com. Good to see some bipartisanship on this important issue. And the results from today's Senate vote on the Canada tariffs & yesterday's vote on the Brazil tariffs. www.piie.com/events/2025/...
- Excellent piece from @douglasirwin.bsky.social Reagan: "We should beware of the demagogues who are ready to declare a trade war against our friends — weakening our economy, our national security and the entire free world — all while cynically waving the American flag www.nytimes.com/2025/10/29/o...
- I was honored to join this important effort opposing the IEEPA tariffs. Huge thanks to @stanveuger.bsky.social for his work on this.
- Reposted by Kimberly ClausingA district court would preliminarily enjoin the razing but SCOTUS would stay the PI and allow the razing to occur while litigation concerning the razing’s legality proceeds.
- The podcast version of our BPEA paper on “Who bears the burden of climate inaction?” (thread below, with @cwolfram.bsky.social and @knittelmit.bsky.social) just dropped . www.brookings.edu/articles/how...
- 🧵 (1/7) With @knittelmit.bsky.social and @cwolfram.bsky.social, happy to announce our new paper on “Who Bears the Burden of Climate Inaction?”, just posted for BPEA @brookings.edu. We find large climate cost impacts that vary by both geography and income. www.brookings.edu/articles/who...
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- Reposted by Kimberly ClausingYou may not believe in climate change, but the insurance industry does.
- My new column with Maurice Obstfeld in VoxEU argues that the broad tariffs of the Trump administration are not well suited to tax policy, macroeconomic, or other aims. cepr.org/voxeu/column...
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- Reposted by Kimberly ClausingI thought I'd put the administration's proposed "compact" with universities in context, so I wrote the blog post below. It's especially for journalists covering this story! Many details about how the compact itself works and why the administration has retreated to this strategy.
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- 🧵 (1/7) With @knittelmit.bsky.social and @cwolfram.bsky.social, happy to announce our new paper on “Who Bears the Burden of Climate Inaction?”, just posted for BPEA @brookings.edu. We find large climate cost impacts that vary by both geography and income. www.brookings.edu/articles/who...
- 🧵 (1/8) My new working paper with Maurice Obstfeld, “Tariffs as Fiscal Policy”, was just posted today @piie.com. Within, we evaluate the new role that tariffs are playing in the US economy. www.piie.com/publications...
- Lovely piece on the importance of conversation across political divides. wapo.st/4gAmDHg
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- With international efforts more difficult than ever, it is essential that willing jurisdictions buttress climate cooperation. A big shout out re. this new & important report, from a team led by @cwolfram.bsky.social. I was honored to be part of the working group. Read her thread, then the report!
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- Because we need more abusive tax shelters in the world... Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters www.nytimes.com/2025/09/09/b...
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- Reposted by Kimberly ClausingHighest level of support since Gallup started asking this question a quarter century ago
- Something to bear in mind when spending time online. Social media and polarization are... related. Nice graphic from @financialtimes.com.
- Maybe instead of blaming statisticians, the Trump Admin. should look inside, at the self-harm generated by their deliberate negative supply shocks (tariffs & deportation).
- Nice piece on the possibility of a coalition of the willing around heavy-industry carbon pricing, with quotes from my coauthor @cwolfram.bsky.social, a leader in this conversation. Talk of a global carbon pricing scheme grows louder ahead of COP30 www.ft.com/content/21b8... via @financialtimes.com
- Before folks join ICE they might want to read the literature on immigration, which contradicts many of their assumptions about how immigrants affect the United States. Or they could just watch this "recruitment" video which might help: youtu.be/OjGHf7OvglM wapo.st/3VrzEJg
- Survey respondents are connecting the dots between Trump's ruinous fixation on tariffs/deportations and their own dissatisfaction with economic disruption and cost increases. wapo.st/4n4W7ru
- They should have thought of that before they did these embarrassing (and illegal) policies.
- US Appeals Court rejects Trump Administration's IEEPA tariffs. The IEEPA tariffs are about 70 percent of them, by revenue. Link to full details here: storage.courtlistener.com/recap/gov.us...
- A vivid depiction of the collateral damage from the Trump Administration's reckless tariffs. wapo.st/4nqyHx9
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- Happy to join this letter in support of central bank independence.
- The letter is ready, thanks to all those who helped out! Starting to gather signature now, please consider signing (link at top of letter) & spread the word. docs.google.com/document/d/1...
- (1/3) Kudos to @gabrielzucman.bsky.social, Danny Yagan, Emmanuel Saez, and Akcan Balkir; this paper makes excellent points about taxing top incomes. ** The corporate tax is an important (if now smaller) part of taxing the top; it is a ready-to-go way to reach unrealized capital gains.
- New from me today: What tax do billionaires pay? The corporate tax, which is a crucial component of the US revenue system at the very top of the income distribution, according to a new study. www.wsj.com/personal-fin...
