ed muir (@edmuir) profile picture

my own thoughts on unions, education and public finance.

Washington DC
Joined February 2011
Photo by ed muir (@edmuir)Photo by ed muir (@edmuir)Photo by ed muir (@edmuir)
KY120 United AFT stands in solidarity with students taking action to demand a voice in their education and for our schools to be adequately funded. We applaud them for targeting systemic failures by policy makers, rather than undervalued individual schools or teachers. ( 🧵1/2)
⚖️ WE'RE SUING THE STATE ⚖️ The legacy of the 1989 Rose vs. CBE case that promised an adequate public education has wilted. Now, we're suing the state to revive it. Join us in supporting this landmark KSVT vs. The Commonwealth lawsuit. ✊🏽 ksvt.org/rose
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Direct pay proposed guidance is out and the rules are largely positive and largely in line with how CPE has envisioned the program operating. Refer to Chirag’s thread here for details on the key provisions (payment schedules, eligibility, transferability, partnerships, etc).
Replying to @CtheLala
Direct pay will be disbursed as a lump sum payment once a project is placed in service and the claim is processed. Energy projects may need bridge financing in the interim, but immediate payment post-construction will give public balance sheets flexibility and reduce the WACC.
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LIFTOFF! Treasury released proposed direct pay rules for IRA tax credits. Share this LIVE thread if you’re curious about the implications for public generation, state capacity, and industrial policy! @PubEnterprise @PEWilliams_ federalregister.gov/public-i…
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I'm renewing efforts to meet lawmakers from other states to create treaties & policy models we can deploy to stop corporations from pitting states against each other (to get tax dollars without a clear public benefit). Check out my oped with @AnnaForFlorida & @stateinnovation 👇
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Netflix paid an effective federal income tax rate of 0.8% on $10.5 billion in profits from 2018-2021. Those of us paying for Netflix paid a much higher tax rate while making a tiny fraction of their profits. Why should Netflix get millions more in tax breaks in the lame-duck?
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NEW TKWEEKLY: Four quarters of @kylemaggio @ihateshaun & @dan_ny_b begging for more Obi minutes and celebrating the success of the #BenchTheFrench movement. Tune in NOW! teapawt.net/i/broadcasts/1ynKOaeLM…
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What do these two graphs tell you? 1. In terms of levels, unemployment is near historic lows. 2. And in terms of change, it continues to improve at historically rapid rates. I'm struck by the persistent bad news bias in econ reporting that folks aren't celebrating these facts.
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ed muir retweeted
New brief: Study by @Y_canbolat_ finds the competition from #SchoolVouchers has detrimental impacts on #PublicSchools and students. ceep.indiana.edu/education-p… #edchat #edpolicy
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"we find no evidence of changes in real economic activity as measured by physical investment, wages to non-owners, or employment of nonowners..." nber.org/papers/w28680#.Yzs1…
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🚨 Working Paper Alert! 🚨 I’ve basically been soft launching this for a while now, but I’m ready to share my first Big Kid working paper. Join me for a 🧵 on HBCUs, teachers, and Black student achievement! Comments and suggestions are much appreciated! lavaredmonds.com/uploads/1/4…
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Headline inflation was *zero* in July as gas prices and airfares fell (and gas prices will likely see an even bigger drop next month). Core inflation also took a dive. 1/
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Strong #JobsReport out this morning with 528,000 jobs added in July as the unemployment rate ticked down to 3.5% and the employment-to-population ratio ticked up to 60.0%. bls.gov/news.release/pdf/emp…
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#jobsday unemployment rate for Hispanics falls to 3.9 percent, a record low
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Remarkable number. Payroll job growth this month is higher (as a percent of employment) than 93 percent of monthly job numbers since 1980.
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This could be the first ever wage-price spiral with slowing rates of wage growth.
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I am honored to be the Democratic nominee in IL13. Working families in Central and Southern IL need a champion who will fight inflation, tackle the rising costs of gas and energy, and stand up for them. I’m ready to fight to turn this seat union blue in November.
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According to the average of all estimates, a cut in the corporate tax rate by 10 percentage points would signicantly increase annual GDP growth rates by about 0.2 percentage points. This result, however, is driven by publication bias in favour of growth-enhancing effects. /3
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