Matt Pierson
@matthewcpierson.bsky.social
Researching tax avoidance, illicit flows, and their effects on household and public finance. | WRDS, UPenn | Otherwise: all things data.
"WRITE THAT DOWN"
-political economy grad students
-political economy grad students
It’s something of a gerontocracy. Say what you will about Phillip Morris, but when more folks smoked, this wasn’t as much an issue.
November 10, 2025 at 9:37 PM
"WRITE THAT DOWN"
-political economy grad students
-political economy grad students
Reposted by Matt Pierson
New from me: The corporate tax cuts from this year's law are running into a roadblock -- the 2022 corporate minimum tax.
Companies (Meta, Qualcomm) are disclosing billions of dollars in tax breaks they can't use. And there's pressure on Treasury to ease the rules.
www.wsj.com/politics/pol...
Companies (Meta, Qualcomm) are disclosing billions of dollars in tax breaks they can't use. And there's pressure on Treasury to ease the rules.
www.wsj.com/politics/pol...
Trump’s Tax Cuts Are Exposing Companies to Biden’s Tax Hike
Democrats’ older alternative minimum tax claws back billions of dollars in savings from the newer GOP law.
www.wsj.com
November 9, 2025 at 12:14 PM
New from me: The corporate tax cuts from this year's law are running into a roadblock -- the 2022 corporate minimum tax.
Companies (Meta, Qualcomm) are disclosing billions of dollars in tax breaks they can't use. And there's pressure on Treasury to ease the rules.
www.wsj.com/politics/pol...
Companies (Meta, Qualcomm) are disclosing billions of dollars in tax breaks they can't use. And there's pressure on Treasury to ease the rules.
www.wsj.com/politics/pol...
The tension for sales people between Clearly Cishet Man Alone in a Cosmetics Shop and Customer Wearing Headphones is quite the social awkwardness generator
November 8, 2025 at 3:46 PM
The tension for sales people between Clearly Cishet Man Alone in a Cosmetics Shop and Customer Wearing Headphones is quite the social awkwardness generator
Reposted by Matt Pierson
Hi all, please spread the word and we hope everyone can make good use of this new data drop: cmfdata.org
The full surviving establishment-level Census of Manufactures manuscripts and digitized data from 1850, 1860, 1870, and 1880!
The full surviving establishment-level Census of Manufactures manuscripts and digitized data from 1850, 1860, 1870, and 1880!
Historical Census of Manufactures Microdata - Historical Census of Manufactures Microdata
CMFdata.org
November 6, 2025 at 5:18 PM
Hi all, please spread the word and we hope everyone can make good use of this new data drop: cmfdata.org
The full surviving establishment-level Census of Manufactures manuscripts and digitized data from 1850, 1860, 1870, and 1880!
The full surviving establishment-level Census of Manufactures manuscripts and digitized data from 1850, 1860, 1870, and 1880!
Reposted by Matt Pierson
New OA article @europe-asia.bsky.social: The Incumbency Advantage and the Enabler Effect: How Londongrad Beat the UK AML Regime
Drawing on £2bn of property data, we show that not a single incumbent kleptocrat (0/72!) lost their UK assets.
with @jheathershaw.bsky.social T. Mayne & S. Tokubayev
Drawing on £2bn of property data, we show that not a single incumbent kleptocrat (0/72!) lost their UK assets.
with @jheathershaw.bsky.social T. Mayne & S. Tokubayev
November 3, 2025 at 11:46 AM
New OA article @europe-asia.bsky.social: The Incumbency Advantage and the Enabler Effect: How Londongrad Beat the UK AML Regime
Drawing on £2bn of property data, we show that not a single incumbent kleptocrat (0/72!) lost their UK assets.
with @jheathershaw.bsky.social T. Mayne & S. Tokubayev
Drawing on £2bn of property data, we show that not a single incumbent kleptocrat (0/72!) lost their UK assets.
with @jheathershaw.bsky.social T. Mayne & S. Tokubayev
Reposted by Matt Pierson
these charts show the relationship between zip code-level average income and individual probability of voting for democrats in different regions of the country. one of my favorite group fo charts, lots of stories to unearth
November 2, 2025 at 9:36 PM
these charts show the relationship between zip code-level average income and individual probability of voting for democrats in different regions of the country. one of my favorite group fo charts, lots of stories to unearth
Reposted by Matt Pierson
Academics in Assyria in the 7th c BC complain that admin is preventing them from doing research and teaching
November 3, 2025 at 10:04 AM
Academics in Assyria in the 7th c BC complain that admin is preventing them from doing research and teaching
Reposted by Matt Pierson
Architect here. If any other states want to fill coffers that the feds have emptied, and want to build a fairer tax system that asks billionaires to finally pay more like a fair share, my DMs are open!
California is readying a one-time 5% tax on billionaires for the 2026 ballot that would go toward compensating for Trump's Medicaid cuts. The architects see it as a national model.
It will be announced today.
It will be announced today.
October 23, 2025 at 3:09 PM
Architect here. If any other states want to fill coffers that the feds have emptied, and want to build a fairer tax system that asks billionaires to finally pay more like a fair share, my DMs are open!
@taxobservatory.bsky.social 's lunch seminars are now hybrid, so even if you don't live in Paris (I mean...) you can keep up with tax research from the comfort of your own wherever
Does Switzerland’s tax system really level the playing field — or just move the goalposts? 🤔
Join Enea Baselgia (ETH Zurich) at our next #LunchSeminar.
🗓️ Oct 24 | 12:00 CET |
📍@PSEinfo & online
🔗 lnkd.in/dkpC68XU
Join Enea Baselgia (ETH Zurich) at our next #LunchSeminar.
🗓️ Oct 24 | 12:00 CET |
📍@PSEinfo & online
🔗 lnkd.in/dkpC68XU
October 21, 2025 at 12:46 PM
@taxobservatory.bsky.social 's lunch seminars are now hybrid, so even if you don't live in Paris (I mean...) you can keep up with tax research from the comfort of your own wherever
Reposted by Matt Pierson
Wow. This is the paper I have been waiting for. Mobile apps are brain rot, with meaningfully bad economic consequences for those who overuse them.
Recently accepted by #QJE, “Digital Distractions with Peer Influence: The Impact of Mobile App Usage on Academic and Labor Market Outcomes,” by Barwick, Chen, Fu, and Li: doi.org/10.1093/qje/...
Digital Distractions with Peer Influence: The Impact of Mobile App Usage on Academic and Labor Market Outcomes*
Abstract. Concerns about excessive mobile phone use among youth are mounting. We present estimates of both behavioral and contextual peer effects, along wi
doi.org
October 17, 2025 at 3:21 PM
Wow. This is the paper I have been waiting for. Mobile apps are brain rot, with meaningfully bad economic consequences for those who overuse them.
Reposted by Matt Pierson
Posted a short blog post with updated data (and public repo with data) of current state of Econ job market:
paulgp.com/2025/10/08/j...
paulgp.com/2025/10/08/j...
October 8, 2025 at 8:26 PM
Posted a short blog post with updated data (and public repo with data) of current state of Econ job market:
paulgp.com/2025/10/08/j...
paulgp.com/2025/10/08/j...
I want to teach an Economics of Immigration course (no I don't), just once, so I can have this image as my opening slide.
October 8, 2025 at 1:06 PM
I want to teach an Economics of Immigration course (no I don't), just once, so I can have this image as my opening slide.
Reposted by Matt Pierson
Good history helps us avoid nostalgia. The great article “Economic History and the Historians” (2020) by Anne McCants reminds me why nostalgia can get us in trouble. Two of her examples are very relevant to today: vaccinations and the popular narrative of some economic “good old days.”
September 29, 2025 at 6:46 PM
Good history helps us avoid nostalgia. The great article “Economic History and the Historians” (2020) by Anne McCants reminds me why nostalgia can get us in trouble. Two of her examples are very relevant to today: vaccinations and the popular narrative of some economic “good old days.”
Reposted by Matt Pierson
Why would some business interests prefer for Congress to fly blind in tax policymaking? 🤔
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
September 22, 2025 at 1:00 PM
Why would some business interests prefer for Congress to fly blind in tax policymaking? 🤔
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
Very good take from @howardgleckman.bsky.social @taxpolicycenter.bsky.social:
Reposted by Matt Pierson
🚨New working paper🚨
In this updated work with Annette Alstadsaeter, @bluebery-planterose.com , @gabrielzucman.bsky.social and @andokl.bsky.social , we use leaked data to chart the rise of offshore real estate in Dubai
www.taxobservatory.eu//www-site/up...
In this updated work with Annette Alstadsaeter, @bluebery-planterose.com , @gabrielzucman.bsky.social and @andokl.bsky.social , we use leaked data to chart the rise of offshore real estate in Dubai
www.taxobservatory.eu//www-site/up...
September 16, 2025 at 9:59 AM
🚨New working paper🚨
In this updated work with Annette Alstadsaeter, @bluebery-planterose.com , @gabrielzucman.bsky.social and @andokl.bsky.social , we use leaked data to chart the rise of offshore real estate in Dubai
www.taxobservatory.eu//www-site/up...
In this updated work with Annette Alstadsaeter, @bluebery-planterose.com , @gabrielzucman.bsky.social and @andokl.bsky.social , we use leaked data to chart the rise of offshore real estate in Dubai
www.taxobservatory.eu//www-site/up...
Reposted by Matt Pierson
Guess what? EUTO #LunchSeminar is back! 🚀
🎙️Join Margarita López Forero ( @banquedefrance-off.bsky.social ) for an interesting discussion on offshoring wage inequality in tax havens.
🗓️ September 19 | 12pm (CET)
📍 @pse.bsky.social & Zoom
🔗 Register here: us06web.zoom.us/meeting/regi...
🎙️Join Margarita López Forero ( @banquedefrance-off.bsky.social ) for an interesting discussion on offshoring wage inequality in tax havens.
🗓️ September 19 | 12pm (CET)
📍 @pse.bsky.social & Zoom
🔗 Register here: us06web.zoom.us/meeting/regi...
September 15, 2025 at 9:23 AM
Guess what? EUTO #LunchSeminar is back! 🚀
🎙️Join Margarita López Forero ( @banquedefrance-off.bsky.social ) for an interesting discussion on offshoring wage inequality in tax havens.
🗓️ September 19 | 12pm (CET)
📍 @pse.bsky.social & Zoom
🔗 Register here: us06web.zoom.us/meeting/regi...
🎙️Join Margarita López Forero ( @banquedefrance-off.bsky.social ) for an interesting discussion on offshoring wage inequality in tax havens.
🗓️ September 19 | 12pm (CET)
📍 @pse.bsky.social & Zoom
🔗 Register here: us06web.zoom.us/meeting/regi...
Ahh yes, those growth promoting investments: microcaptive insurance and basis shifting through complex partnerships
My latest story - Trump administration rolls back tax shelter crackdown: www.nytimes.com/2025/09/09/b...
Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters
www.nytimes.com
September 9, 2025 at 11:47 AM
Ahh yes, those growth promoting investments: microcaptive insurance and basis shifting through complex partnerships
Reposted by Matt Pierson
I have given in and started a Substack to write about illicit finance, development and data
In my first post, I explain why we should be careful about citing the $312 billion statistic on the size of Chinese money laundering
datadarkly.substack.com/p/exactly-ho...
In my first post, I explain why we should be careful about citing the $312 billion statistic on the size of Chinese money laundering
datadarkly.substack.com/p/exactly-ho...
Exactly how big is that Chinese money laundering ring?
The difficulty of inferring from suspicious transaction reports
datadarkly.substack.com
September 5, 2025 at 1:05 PM
I have given in and started a Substack to write about illicit finance, development and data
In my first post, I explain why we should be careful about citing the $312 billion statistic on the size of Chinese money laundering
datadarkly.substack.com/p/exactly-ho...
In my first post, I explain why we should be careful about citing the $312 billion statistic on the size of Chinese money laundering
datadarkly.substack.com/p/exactly-ho...
This is a really cool WP (and therefore a cool conference that has it on the program)
The second day of #MadPub25 started with Naomi Feldman delivering a keynote on "Tax Complexity and Tax Confusion: From Early Misperceptions to Recent Evidence". Thanks for sharing your interesting thoughts with us in Madrid at @cunef.bsky.social! @cmtneztt.bsky.social @miguelalmunia.bsky.social
September 5, 2025 at 4:42 PM
This is a really cool WP (and therefore a cool conference that has it on the program)
Reposted by Matt Pierson
The Fed is not good at talking to citizens. Its communications culture is aimed at markets, which means it knows how to give coded, cautious hints that leave room for negotiation. That means there's little will and no experience with strong, affirmative signals in response to wanton norm-burning.
August 29, 2025 at 2:07 PM
The Fed is not good at talking to citizens. Its communications culture is aimed at markets, which means it knows how to give coded, cautious hints that leave room for negotiation. That means there's little will and no experience with strong, affirmative signals in response to wanton norm-burning.
Good to see the NYT Editorial Section has been Like This towards the Dems since 1937 at least
@nytpitchbot.bsky.social
@nytpitchbot.bsky.social
August 18, 2025 at 8:03 PM
Good to see the NYT Editorial Section has been Like This towards the Dems since 1937 at least
@nytpitchbot.bsky.social
@nytpitchbot.bsky.social
Hey you could join the hallowed ranks of
/checks notes
me? That can't be right.
/checks notes
me? That can't be right.
Volunteering is a great way to be involved with NTA and another way to engage with your colleagues!
Apply to be a Discussant or a Session Chair at the 118th NTA Annual Conference 👉 https://nta.memberclicks.net/annual_conference_volunteer_form#/
The deadline to apply is August 15, 2025.
Apply to be a Discussant or a Session Chair at the 118th NTA Annual Conference 👉 https://nta.memberclicks.net/annual_conference_volunteer_form#/
The deadline to apply is August 15, 2025.
August 14, 2025 at 8:22 PM
Hey you could join the hallowed ranks of
/checks notes
me? That can't be right.
/checks notes
me? That can't be right.
Excuse me the irrelevance of municipal credit ratings?!?!
E.J. Antoni, being pushed by MAGA for head of BLS
…got his PhD in 2020
…has no publications other than his dissertation
…which has 1 citation
https://www.wsj.com/politics/policy/trump-administration-considers-longtime-critic-to-lead-bureau-of-labor-statistics
…got his PhD in 2020
…has no publications other than his dissertation
…which has 1 citation
https://www.wsj.com/politics/policy/trump-administration-considers-longtime-critic-to-lead-bureau-of-labor-statistics
August 11, 2025 at 2:35 AM
Excuse me the irrelevance of municipal credit ratings?!?!
Reposted by Matt Pierson
The ViCE seminar schedule for early fall 2025 is up! We start back up again next week (Aug 14).
jenniferdoleac.com/vice-seminar/
jenniferdoleac.com/vice-seminar/
August 8, 2025 at 6:51 AM
The ViCE seminar schedule for early fall 2025 is up! We start back up again next week (Aug 14).
jenniferdoleac.com/vice-seminar/
jenniferdoleac.com/vice-seminar/