The House reconciliation bill would extend—and raise to 23%—the QBI deduction. IMPA’s analysis finds no economic justification: no impact on investment or growth, substantial revenue loss, and regressive distributional effects. Read our full report here: impa.american.edu/effects-of-e...

Trump's proposed budget would switch off huge swaths of America's scientific enterprise - from NASA to cancer research to disaster forecasting. "The economy tomorrow is going to be smaller because you decided to cut that funding today.” New research from @au-impa.bsky.social in @npr.org 👇

Economists warn Trump's research cuts could have dire consequences for GDP

President Trump has proposed slashing federal scientific funding. Economists say the long-term consequences could be dire.

npr.org

IMPA’s new research on the long-run costs of cutting federal R&D funding is featured in today’s @nytimes.com The findings are clear: plausible cuts would shrink U.S. GDP for generations. 📉 Read the article: www.nytimes.com/2025/04/30/b... 📄 Full report: impa.american.edu/costs-of-cut...

Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows

Reducing federal support for research and development could cause long-run economic damage and reduce government revenue.

nytimes.com

#NobelPrize winner Joseph Stiglitz at @au-impa.bsky.social event in @ausis.bsky.social @pge-sis.bsky.social. We live together in an integrated economy with externalities (ie, climate change) where effects of policies felt widely. So for a society with solidary there is need for progressive #taxes.

#NobelPrize winner Stiglitz at @au-impa.bsky.social event in @ausis.bsky.social. We live together in an integrated economy with externalities (ie, climate change) where effects of policies felt widely. So for a society with solidary there is need for progressive #taxes.

Did you hear the talk about some Republicans being open to raising taxes on top earners? If anyone is still worried about higher taxes on the rich hurting economic growth, we have good news: they don’t. What they undeniably do is raise federal revenue and reduce income inequality.

🚀 Kicking off IMPA’s Bluesky with big news! Join us this Wed, April 23, as we host @josephestiglitz.bsky.social @ikuziemko.bsky.social @vanessawilliamson.bsky.social & more for a timely conversation on U.S. economic policy. 🕥 10am–12pm 📍 AU SIS 🔗 RSVP: impa.american.edu/tax-policy-i...

🚀 Kicking off IMPA’s Bluesky with big news! Join us this Wed, April 23, as we host @josephestiglitz.bsky.social @ikuziemko.bsky.social @vanessawilliamson.bsky.social & more for a timely conversation on U.S. economic policy. 🕥 10am–12pm 📍 AU SIS 🔗 RSVP: impa.american.edu/tax-policy-i...