Kevin Milligan @kevinmilligan
I teach economics at UBC Vancouver School of Economics @ubcVSE. sites.google.com/view/kevin-mil… Vancouver, BC Joined December 2008-
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I'm giving the Innis Lecture at the @CanEconomics Canadian Economics Association meeting in May in Toronto. The title of the lecture is "The time of your life: The mortality and longevity of Canadians." It's a fun topic--and there will be maps! economics.ca/cpages/confere…
Interesting to read a US perspective on capital gains taxes from @Noahpinion. Eliminating step up basis at death would bring US closer to Canada's deemed realization. Accrual taxation is always conceptually interesting but hard to implement. open.substack.com/pub/noahpinion…
Very fun grid today. Got to use many favourite players and still get a decent rarity score ⚾️ Immaculate Grid 389 9/9: Rarity: 26 IMMACULATE! 🟩🟩🟩 🟩🟩🟩 🟩🟩🟩 Play at: immaculategrid.com @immaculategrid x @baseball_ref
Insight from Michael Smart on the capital gains inclusion rate change that is worth reading: financialpost.com/opinion/higher…
On productivity, I read today's budget with this chart in mind from an IMF paper that was previewed last week and released today. imf.org/en/Blogs/Artic…
Andrew Leach @andrew_leach
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389K Followers 13 Following We try to provide the most comprehensive state-level coronavirus data. Housed at @TheAtlantic.@kevinmilligan @CanEconomics Will you post the slides for those of us who are sorry to miss it?
@kevinmilligan Thanks for this Kevin. I waded through this article and really would love a summary! Twitter is not the forum, I know. Maybe you could teach the public something via #CBC? Tax law is sure complicated. I am happy to know the Gov't. consulted experts.
Le premier article ...semble être tellement d'actualité....
New issue of @CdnTaxFdn Canadian Tax Journal just dropped. ctf.ca/EN/Publication…
@hbarclay10 1. Most of those barriers haven't been removed yet 2. Removing those barriers is necessary, but not sufficient 3. You need to remove those barriers to build social housing as well.
@twitscotty Also any students please note: copy and pasting Stata output is OK for blog replies, but not for your stats assignments!
@chris_m_neill i just wanna see the nerdy blog comment 😂
Write a nerdy response to a blog post by a nerdy blogger (@ALeighMP), and almost 20 yrs later still getting interview requests on it. Thanks @TheCurrentCBC for letting me talk about why evaluating national policy changes with only time series data is generally a bad idea.
Stories like this should do the math of what these changes mean in real numbers. If you take a cottage you bought for $250,000 and sell it for $1 million, i.e. it quadrupled in value, you're talking about an additional $38k in taxes. Is that worth a fire sale?
I don’t know— we were told capital gains taxes outrage is it punishes entrepreneurs working 15 hours a day, doctors slaving away in the practice for retirement but turns out the real chaos is in for cottageland? #cdnpoli theglobeandmail.com/business/artic…
Okay this piece also calls for an inheritance tax and once again I want to know if they know about deemed realization and if that should stay or go with an inheritance tax… We’re rich and want higher taxes thestar.com/opinion/contri…
Kevin Gausman gave the #BlueJays 6.2 IP of what should have been shutout ball today (still 0 ER). Guerrero’s error might stick him with the loss, but Gausman deserved better on a night he made it work without his best stuff.
@MPelletierCIO @kevinmilligan I'll have a follow up piece in a couple weeks putting forward other tax reforms that can incentivize risk taking and boost investment and growth. Lots of options! Stay tuned.
Can everyone else stop doing their taxes for a sec the site is really slow
@EricDLombardi Gross debt is the second chart if you prefer. But net debt is the most informative for debt sustainability arithmetic.
If you’ve never gone hungry or didn’t know how rent was getting paid or you couldn’t afford diapers, you have no idea how utterly exhausting and demoralizing it is to be poor. I was completely broken by the system. Everything was a struggle. I didn’t know how to keep going. /2
Had a chuckle at Martin Wolf’s presentation to the OECD committee of senior budget officials a few weeks back. Canada is in a comically enviable fiscal position any way you slice it (G7 not the best benchmark but holds up more broadly). oecd.org/gov/budgeting/…
The title and premise of this article are that Canada and the US are in a comparably dire public debt situation. The graphic in that very article shows Canada with a far far smaller deficit to GDP ratio than the US. theglobeandmail.com/business/artic…
The White Sox are on pace to win 25 games this year - and it’s honestly hard for me to imagine how the next 22 wins unfold.
PSA: nobody on the trail wants to hear the music blasting out of your speaker