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Corey Husak Profile picture
Corey Husak
@CoreyHusak
Policy+Government relations @equitablegrowth. Tweetering on economics and urbanism. @uchicago @HarrisPolicy and @clairecmc alum. Tweets my own.
Sep 16, 2021 • 7 tweets • 11 min read
I want to pull out some of the great labor provisions in the House #BuildBackBetterAct

Tho reconciliation rules prevent Congress from completely re-balancing Corporate V Labor power, this bill is a big win for workers
🧵 First, the @EdLaborCmte bill cracks down on Wage Theft, with hefty new fines (10X the old fines!) the @USDOL can impose when employers steal from their workers

This will make employers think twice and obey overtime and min wage laws
Sep 7, 2021 • 11 tweets • 5 min read
At first glance, there's some fundamental flaws in this “study” from the @USChamber today (featured in @Morning_Tax)

It takes many leaps of logic to think ending the carried interest #tax loophole will lose the US ~5 million(!) jobs. The Chamber needs to try again 🧵 What’s going on?

Biden proposes closing a loophole letting Private Equity and Venture Capital managers pay 20% cap gains rate instead of the regular 39.6%

The Chamber says this costs as many jobs as in the state of Georgia and billions of tax $.

The argument is quite shaky