Roel Dom
@roeldom.bsky.social
700 followers 740 following 17 posts
Economist and Research Fellow at Bruegel • Visiting Professor at Univeristy of Antwerp • Mostly public finance, tax and development
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Reposted by Roel Dom
bmcwilliams.bsky.social
EU imports of Chinese electric vehicles steady after tariffs

📈 From 2019 to 23 imports grew substantially
📆 Oct-24, EU passed tariffs on 🇨🇳 produced EVs
🚫 Imports have since steadied at 1/2 billion monthly

📊 Explore @bruegel.org dataset:
european-clean-tech-tracker.bruegel.org/technology/e...
roeldom.bsky.social
The #EU proposed CORE levy taxes turnover, not profit. It penalises low-margin firms. It’s regressive & risks tax cascading.

Together with @zsoltdarvas.bsky.social & Marie-Sophie Lappe, I argue it should be scrapped.

👉 www.bruegel.org/first-glance...

#EUBudget #Tax #MFF @bruegel.bsky.social
CORE concerns: why a turnover-based levy is wrong for the EU budget
A plan to raise EU revenues from companies benefitting from the single market would create risks and distortions, and should be withdrawn
www.bruegel.org
roeldom.bsky.social
Our Blueprint on the #EU #MFF is out.

On #OwnResources, we outline criteria for new own resources, arguing that they should primarily advance EU policy goals.

📖 Read more below 👇
bruegel.org
Bruegel @bruegel.org · Jul 10
💶 Bigger, better funded and focused on public goods: how to revamp the European Union budget

🔨 How can the #MFF be reformed to match EU objectives?

🖊️ @zsoltdarvas.bsky.social, @roeldom.bsky.social, Marie-Sophie Lappe, Pascal Saint-Amans and @steinbacharmin.bsky.social
🔗 buff.ly/V3I8Wo9
#EconSky
Bigger, better funded and focused on public goods: how to revamp the European Union budget
Improving economic policy
buff.ly
Reposted by Roel Dom
bruegel.org
Bruegel @bruegel.org · Jun 30
🌍 The implications of G7 agreement on the global minimum tax

In return for its support, the US secured a carve out for its companies.
🔍 But is this as straightforward a win for the Trump administration as it seems?

🖊️ Pascal Saint-Amans
🔗 buff.ly/dPSaoNv
#EconSky #G7 #tax
The implications of G7 agreement on the global minimum tax
Though the European Union might not like a ‘side-by-side’ global minimum tax system, it has little choice but to work with it for now
buff.ly
roeldom.bsky.social
Glad to share some thoughts in @brusselstimes.com on the #Brussels Region’s growing fiscal troubles - what a credit downgrade could mean and the risks this poses for #debt management.

📖 www.brusselstimes.com/economics/16...

#Brussels #PublicFinance #Debt #Bruegel
No government, no plan: Brussels braces for credit downgrade
An in-depth look at Brussels’ debt shows how a severe S&P downgrade Friday could trigger a cash crunch — and a constitutional showdown.
www.brusselstimes.com
Reposted by Roel Dom
bruegel.org
Bruegel @bruegel.org · Jun 11
The European Union’s defence spending laggards could be asked to pay more into the common budget. This new resource would underscore the EU’s commitment to collective security.

🖊️ Zsolt Darvas, @roeldom.bsky.social‬ , @steinbacharmin.bsky.social ‬ & Pascal Saint-Amans #EconSky
Boosting EU budget revenues with a defence spending shortfall levy
The European Union’s defence spending laggards could be asked to pay more into the common budget
www.bruegel.org
roeldom.bsky.social
“As the #EU deepens its partnerships to secure critical #minerals, the situation in eastern #Congo highlights a stark dilemma: how to uphold its commitments to peace and democratic governance while navigating a global race for resources,” Dom told @euronews.com.
Critical raw materials set be be a key lever in global trade war
As global trade tensions intensify, the increasing demand for elements from the lesser known corners of the periodic table is making them an increasingly important piece on the new geopolitical chess ...
www.euronews.com
roeldom.bsky.social
📌 A 𝗱𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗺𝗶𝗻𝗶𝗺𝘂𝗺 𝘁𝗮𝘅 of 15% on the top 1% of firms could raise 14% more corporate tax revenue on average. By contrast, a global minimum tax would raise only a quarter of that amount due to generous carve-outs and fewer firms in scope. (n/n)
roeldom.bsky.social
📌 In every country studied, more than 25% of the largest firms pay less than 15% in effective taxes—even though statutory rates are higher. (3/n)
roeldom.bsky.social
📌 Effective tax rates follow a hump-shaped pattern—small and very large firms pay lower effective tax rates, while 𝗺𝗶𝗱-𝘀𝗶𝘇𝗲𝗱 𝗳𝗶𝗿𝗺𝘀 𝗯𝗲𝗮𝗿 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗯𝘂𝗿𝗱𝗲𝗻. (2/n)
roeldom.bsky.social
🚨 Paper alert 🚨

𝗪𝗵𝗶𝗰𝗵 𝗳𝗶𝗿𝗺𝘀 𝗯𝗲𝗻𝗲𝗳𝗶𝘁 𝗺𝗼𝘀𝘁 𝗳𝗿𝗼𝗺 𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 #𝘁𝗮𝘅 𝗶𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀?

Pierre Bachas, @annebrockmeyer.bsky.social, Camille Semelet and I analyze firm-level 𝗗𝗮𝘁𝗮 𝗳𝗿𝗼𝗺 𝟭𝟲 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 to explore how effective tax rates vary across firm size.

What do we find?

Read more 👇 (1/n)
Effective Tax Rates, Firm Size and the Global Minimum Tax
This paper documents new facts on corporate taxation and the revenue potential of corporate minimum taxes, leveraging firm-level tax returns from 16 countries. First, .
documents.worldbank.org
Reposted by Roel Dom
bruegel.org
Bruegel @bruegel.org · Apr 11
📊 Chart of the week: defence expenditure in 2024 and capital city distance to Moscow, European NATO countries 🪖

🖊️ By @guntramwolff.bsky.social @steinbacharmin.bsky.social and @jzettelmeyer.bsky.social

🔗 Policy Brief here: buff.ly/4TTXiYf
Reposted by Roel Dom
bruegel.org
Bruegel @bruegel.org · Feb 26
🗓️ Save the date
➡️ Prospects for reducing sovereign debt while tackling ongoing crises

Join the discussion with @jzettelmeyer.bsky.social @roeldom.bsky.social and other
discussants!
#EconSky

https://buff.ly/3QyxBRd
Reposted by Roel Dom
guntramwolff.bsky.social
There are two scenarios: EU countries cooperating: in that case, they can agree to re-label stuff and use the port with lowest tariffs. German companies, for example, can open subsidiaries in Netherland and export from there if Germany subject to tariff and NL not. or other scenario:
spignal.bsky.social
The real fun begins if Trump imposes tariffs on some EU countries but not others. Potentially deeply divisive for Europeans (who will say "you can't do that!" even as Trump does it)
financialtimes.com
Breaking news: A senior White House official has said tariffs will be imposed on a 'country by country' basis following an examination, and beginning with the countries that the US has the highest trade deficit with.

Follow live updates: www.ft.com/content/bcc6...
Reposted by Roel Dom
pisaniferry.bsky.social
To respond to Trump's all-out attack, Europe must overcome 2 obstacles: its small size and large diversity. In this piece with O. #Blanchard, we claim that it should build coalitions of the willing. We explore 3 cases: climate action, trade and corporate taxation.
www.bruegel.org/analysis/eur...
Europe’s challenge and opportunity: building coalitions of the willing
The European Union should take the lead in convening alliances of countries to counteract threats to the global order
www.bruegel.org
roeldom.bsky.social
The crisis in the #DRC creates an uncomfortable challenge for the #EU.

I argue that despite its critical mineral interests, the EU should be strict on #Rwanda to maintain credibility and encourage conflict de-escalation 👇
bruegel.org
⚠️ DRC crisis: can the EU's strategic interests be reconciled with its development goals? 🕊️

This First glance by @roeldom.bsky.social analyses the actions that the EU can take to balance the trade-offs between its geoeconomic and development objectives.
#EconSky
🔗 https://buff.ly/4jDzx8p
Reposted by Roel Dom
bruegel.org
Looking for economists to follow on #econsky? Look no further, find Bruegel researchers in our official starter pack!
go.bsky.app/TMvo4JP
roeldom.bsky.social
I am thrilled to announce that I have joined @bruegel.bsky.social as an 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝘀𝘁 and 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗙𝗲𝗹𝗹𝗼𝘄! 🎉

I will be diving into (European) economic issues, with a particular focus on hashtag #tax policy.

Very excited to be part of such a brilliant team!
Reposted by Roel Dom
bruegel.org
Hello, Bluesky!

Bruegel is here, ready to explore the big questions of economic policy.

Let’s connect!
Reposted by Roel Dom
mattcollin.bsky.social
A good reminder that sin taxes can be good at raising revenue or changing behavior, but in the long run they cannot be both of these things

www.economist.com/finance-and-...
Sin taxes are suffering from a shortage of sinners
Governments across the rich world are looking for alternatives
www.economist.com
Reposted by Roel Dom
scientificdiscovery.dev
Our World in Data now has an account on Bluesky! Follow us here:
@ourworldindata.bsky.social