Response To Comments: The Tax Bill Is Still Very Bad

This is Scott's worst post I have seen. It is impressively awful. In fact I would have liked to believe that it is beneath him. It speaks negative to this community to see people parrot it.

Scott isn't insulting republican policy, which wouldn't be ideal but more understandable. He is calling moronic the opposite view on corporate tax cut policy, a subject must more debatable. His own views and values aren't the all of it.

First of all he brings the Forbes list rather arrogantly as if he had found the holy grail.

But Forbes might not be run my marxists but like most websites, it does have anti repulibican commentators too, like the one he notes. No, Forbes, business insider, commentators aren't all libertarian-ish corporatists.

This guy retwiteed how Franken should switch parties and he would be fine, and a bunch of other anti trump anti republican stuff. In fact he mentions it in his blog (where he says that the tax cut would trigger the next recession) and he says insted that it won't boost economic growth as much as republican think. He also argues that the tax bill will cause a recession and his twitter is full of trump and republican and their base, bashing). I don't think he is a marxist, but he doesn't seem sympathetic to republicans and their policy. Doesn't mean all his predictions are wrong per se.

Cherry picking CEO's says little. Albeit it stops me from reading from the paywall but a quick google found a WSJ with CEOs saying how tax reform would boost capital spending aka investment. https://blogs.wsj.com/economics/2017/12/05/corporate-ceos-say-increased-capital-spending-rests-on-tax-reform/

Here is the libertarian Tyler Cowen arguing that corporate tax cut will increase investment.

https://www.bloomberg.com/view/articles/2017-11-17/yes-a-corporate-tax-cut-would-increase-investment

Secondly, he brings the IGM not viewing (although many are uncertain) that the tax pill would bring significant improvement over GDP. Well, I and some of the commenters who correctly disagreed with him (but I didn't post on that) on the corporate tax issue, think that the bill is bad due to its cuts on income taxes and estate taxes, in addition to the timing which is when the economy has mostly recovered.

If I was asked a question I would be in the disagree camp, not uncertain, (and I would be even for many tax codes I might agree with. After a point where you have done most of the necessary reform, the remaining sensible things to do might not bring much significant benefits) but that definetly doesn't allow such

And then he goes and call the opposite opinion holder "moron" for supporting corporate tax cuts over giving money to the public to consume for example.

He is certainly not the first to do so, prior to any debate about this specific tax bill.

I don't know if it is by accident or it is pure dishonesty, either way he obviously incorectly sees the IGM economists as evidence corroborating his views on corporation tax cuts.

Now obviously the man can be more sympathetic to a left wing economic value on the issue, and perspective, but the fact is that the corporation tax cut versus his idea of giving money to the public aren't cut and dry, and the facts of the whole situation don't allow such arrogant position and uncharitable dismissal of opposite opinions.

/r/slatestarcodex Thread Link - slatestarcodex.com