Tweeting during a break in my federal income tax class. Using old school technology (whiteboard, eraser) to illustrate effect of realization doctrine (and 1014, of course) on the income tax base.

“The base for our income tax is seriously narrow.” - Robert H. Jackson, Assistant General Counsel, Internal Revenue Bureau, testifying before the Senate Finance Committee, 8/6/35

#TaxTwitter take note: a wonderful op doc from Sweden on deducting the cost of a dog as a business expense in managing your reindeer herd (via New York Times Opinion). nytimes.com/2022/10/18/opi…

During Congressional Gold Medal ceremony for Jan. 6 police, representatives of those receiving awards shake hands with Schumer then walk past McConnell and McCarthy.

This image of Buenos Aires is amazing.

The passthrough entity tax scandal hits Squawk Box: cnbc.com/video/2023/02/….

.UCLA School of Law NYU Law Berkeley Economics Host Conference Today On Five Years After TCJA: New Directions In Tax Policy Research bit.ly/3xPi0Uk

FINAL: UCLA 68, Northwestern 63 #GoBruins | #MarchMadness

(1/6) Today, on tax day, I was delighted to testify at the Senate Budget Committee hearing on the importance of collecting more tax revenue. My testimony, linked below, focuses on the importance of international tax reform. budget.senate.gov/hearings/a-rig…

Today is the day! Excited for the 2023 SALT Symposium hosted by The Tax Lawyer and Northwestern Law Tax Program. A great lineup of speakers including Adam Thimmesch Michelle Layser Kirk J. Stark

.Jason Oh (UCLA School of Law) Presents How Does The Corporate Tax Distort Choice Of Corporate Governance? Today At Pepperdine Caruso Law bit.ly/3vKO2Tz

.Alex Zhang (Emory Law) Presents Fiscal Citizenship And Taxpayer Privacy Today At UCLA School of Law bit.ly/4bwQTQs

An attack on a Presidential candidate is an attack on American democracy itself.

Literally the only one who Is dividing us is the person running for president who never conceded the election. He didn’t even go to the inauguration. First and only time that ever happened in our country.

Blaming foreigners and immigrants just distracts from a regressive fiscal switch that lowers tax burdens for those at the top while increasing tax burdens for 80%+ of population, driving higher deficits. For more, see piie.com/publications/p… and piie.com/blogs/realtime…

LOL These guys have: 1. No idea that the Biden Administration created a free tax system and 2. No understanding that Republicans and particularly Intuit won't let this happen washingtonpost.com/business/2024/…

Check out the full article here: sciencedirect.com/science/articl… And related work with Kirk J. Stark : cesifo.org/en/publication… State, local and international policymakers with questions can always reach out to help challenges facing income taxes with WFH!

Former IRS Commissioners serving under every President going back to Reagan, incl. Trump: The mass, indiscriminate firings at the IRS will increase deficits, risk filing season disruptions, and shift tax burdens from tax cheats on to honest taxpayers. 1/4 nytimes.com/2025/02/24/opi…

For the journalists out there, those numbers are not tariffs. The European Union, e.g., has weighted average tariff rates of ~ 3% and arguably lower on US goods. So they are clearly including VATs and who knows what else?? This false reciprocity is nonsense. For more, see:

It’s astonishing that trump’s preschool understanding of the VAT is cratering the global economy, but it’s also an opportunity: dump the tariffs and adopt a VAT like the rest of the world. wsj.com/economy/global…