Tax Exceptionalism and Tax Reform

May 20, 2012

Gene Magidenko (J.D. 2012, Michigan) has published two notes in the University of Michigan Journal of Law Reform Online: Tax Exceptionalism: Wanted Dead or Alive (Mar. 12, 2012): “Tax law has just not been the same since January 2011. Did Congress pass earthshaking legislation affecting the Internal Revenue Code? Did… Go to Source

Read the full article →

The Tax Treatment of Carried Interest

May 20, 2012

Jason A. Sacks (J.D. 2012, Washington University), Note, Effective Taxation of Carried Interest: A Comprehensive Pass-through Approach, 89 Wash. U. L. Rev. 449 (2012): Taxation of “carried interest” has been the subject of much recent scholarship. Articles have discussed the unfairness of taxing carried interest differently than other compensation for… Go to Source

Read the full article →

McCaffery: What Sports Can Teach Tax Policymakers

May 20, 2012

Edward J. McCaffery (USC), What Sports Can Teach Tax Policymakers: Lessons from the Luxury Tax: Luxury taxes are increasingly used by major sports leagues, such as Major League Baseball and the National Basketball Association, to raise revenue and affect behavior. This brief article lists three lessons that general tax policy… Go to Source

Read the full article →

Tax Court: TP Can’t Deduct $23k Contribution to Church That Failed to Include No Property/Service Statement in Acknowledgment

May 20, 2012

The Tax Court yesterday again reiterated that a taxpayer cannot deduct a charitable contribution without complying with the § 170(f)(8)(A) substantiation requirements. Durden v. Commissioner, T.C. Memo. 2012-140 (May 17, 2012). Mr. & Mrs. Durden contributed $22,517 to their church in 2007. Although the church provided them with a timely… Go to Source

Read the full article →

Samahon: Freytag and the President’s Authority to Remove Tax Court Judges

May 20, 2012

Tuan Samahon (Villanova), Blackmun (and Scalia) at the Bat: The Court’s Separation-of-Powers Strike Out in Freytag, 12 Nev. L.J. 691 (2012): This contribution to the “worst Supreme Court cases” symposium examines Erwin Griswold’s role in the litigation of Freytag v. Commissioner [501 U.S. 868 (1991)] and the majority’s holding that… Go to Source

Read the full article →

Farewell (But Not Goodbye), Malibu

May 20, 2012

I am heading back to Cincinnati today after spending the spring semester at Pepperdine University School of Law. My wife and I (and dog) had a wonderful time in Malibu and are grateful to Dean Deanell Tacha and the Pepperdine faculty, staff, and students for making our stay so enjoyable…. Go to Source

Read the full article →

The Facebook IPO: Taxing Mark Zuckerberg’s Stock

May 20, 2012

In honor of today’s Facebook IPO: Victor Fleischer (Colorado), Taxing Founders’ Stock, 59 UCLA L. Rev. 60 (2011) Gregg Polsky (North Carolina) & Brant Hellwig (South Carolina), Examining the Tax Advantage of Founders’ Stock, 97 Iowa L. Rev. 1085 (2012) For more, see: Tax Aspects of Facebook’s IPO (Feb. 6,… Go to Source

Read the full article →

TPC Hosts Making Wall Street Pay: The Pros and Cons of Financial Taxes

May 20, 2012

The Tax Policy Center hosts a program today on Making Wall Street Pay: The Pros and Cons of Financial Taxes (webcast here): The global financial crisis drained government coffers and rocked public confidence around the world. Many leaders now believe taxes on financial transactions and/or financial activities could relieve these… Go to Source

Read the full article →

Food Taxes as a Solution to the Obesity Epidemic

May 20, 2012

Adriana Badilas (J.D. 2011, McGeorge), Food Taxes: A Palatable Solution to the Obesity Epidemic?, 23 Pac. McGeorge Global Bus. & Dev. L.J. 255 (2011): Change comes from action, not from mere talk. Now more than ever, our government must do something to counteract the growth of obesity and overweight in… Go to Source

Read the full article →

Freshman Republicans Switch from Tea to Kool-Aid (Cato @ Liberty Blog)

May 18, 2012

By Tad DeHaven This week the Club for Growth released a study of votes cast in 2011 by the 87 Republicans elected to the House in November 2010. The Club found that “In many cases, the rhetoric of the so-called “Tea Party” freshmen simply didn’t match their records.” Particularly disconcerting is the fact that so [...]

Read the full article →

← Previous Entries

Next Entries →