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This year's IIPF - International Institute of Public Finance congress will have a fantastic program! You can check out the full program at conftool.pro/iipf2024/index… Registration is still open until August 1st - come join us in Prague, it will be so much fun! To register, visit iipf2024.vse.cz/#program

How to measure the potential impact of polling nonresponse using the concept of the total margin of error, from Jeff Dominitz and Charles F. Manski nber.org/papers/w32782

I completely agree with this. There is some incredibly innovative and interesting work being presented by junior scholars at IIPF 2024!!!

Developing a general, welfarist approach and new robustness criteria for how policy should be evaluated when behavioral frictions make revealed preferences inconsistent, from Canishk Naik and Daniel Reck nber.org/papers/w32813

I’ve read three or four variations on this Tweet and at one point drafted my own. It’s the “death tax” campaign all over again.

IIPF Scientific Committee chaired by Daniel Reck and Dominika Langenmayr with President Wojtek Kopczuk 🇵🇱🇺🇦 and 🇺🇲 gave best paper awards 🏆at this wonderful #IIPF2024 congress in Prague VŠE v Praze :

Reasons this is wrong: 1) unrealized gains would be taxed on accrual —>the dollar amount is way too high 2) Any bank would happily lend Gates money. He would not need to sell stock. 3) the long-run price of MSFT is based on its profitability, not whether Bill Gates owns/sells.

Daniel Reck Also, as Daniel knows: 4. The bill gives you at least 9 years to pay the tax and 5. You can elect to just wait until you choose to sell to pay thr tax (plus an interest charge) ...so no, there will not be any fire sales. We spent years writing the bill. And we're not morons.

Another reason these toy examples involving publicly traded stock or houses are less relevant than one might expect

“Mexico will pay for the border wall” but for all public spending.

Creation of a secure query system for IRS's Statistics of Income program can bolster evidence-based policymaking and program evaluation for state and local governments, from Amy O'Hara, Stephanie Straus, Ron Borzekowski, Paul Arnsberger, and Barry Johnson nber.org/papers/w32969

Read the proposal: hamiltonproject.org/publication/po… Tune in today at 10:30 AM EDT to hear from Ron Wyden, Wendy Edelberg, Chye-Ching Huang, Lily Batchelder, @WilliamGale2, and more on partnership tax: hamiltonproject.org/event/taking-o…

Hassett and Clingenpeel cite (indirectly) my work with Owen Zidar , Eric Zwick, and Matt Smith as finding that the 2017 TCJA ("Trump tax cut") increased domestic investment 20%. This is not accurate and significantly overstates the TCJA's investment effects. wsj.com/opinion/kamala…

Hello! Excited to share my job market paper with #econtwitter I study how barriers to social assistance disproportionately screen out people with poor mental health—despite their high need. Summary below Paper: 🔗(canishknaik.github.io/pdf/MHSA_CN_JM…) Welcome Economists!

Enjoyed a glorious afternoon visiting with my wonderful constituents & listening to awesome music at WOODMOORstock. Lots of federal workers here hanging tough through a dark time—they’ll still be contributing to America long after Elon Musk & Donald Trump have been sent packing.