Tuesday, January 5, 2016
Ben Carson's Tax Plan: 14.9% Flat Tax, No Charitable, Mortgage, State & Local Tax Deductions, No Tax On Capital Gains, Dividends, Interest
Thursday, December 31, 2015
Tuesday, December 29, 2015
Tuesday, December 22, 2015
Thursday, December 17, 2015
- New York Times, Warren Buffett Endorses Hillary Clinton and Calls for Higher Taxes on Wealthy
- Time, Hillary Clinton Wants to Expand the “Buffett Rule” Taxes on the Rich
Thursday, December 10, 2015
- Corporate Giants Found a Way to Exploit Tax Loopholes. Hillary Clinton Has a Plan to Stop Them.
- Fact Sheet: Hillary Clinton’s Plan to End Corporate Inversions and Invest in America
Press and blogosphere coverage:
Tuesday, December 1, 2015
Washington Post editorial, Hillary Clinton Panders to Middle-Class Voters With Unrealistic Tax Promises:
Wall Street Journal editorial, Hillary Clinton’s Tax Credit Sweepstakes: There’s One for You, and You, and You, and Don’t Forget Him Over There:
Tuesday, November 24, 2015
Monday, November 16, 2015
Saturday, November 14, 2015
Thursday, November 12, 2015
Wednesday, November 11, 2015
Thursday, November 5, 2015
Clinton Foundation Spin-Off Reverses Position, Agrees To Refile Corrected Tax Returns After Republicans Call For Audit
Following up on Tuesday's post, Clinton Foundation Spin-Off Won’t Refile Tax Returns To Correct Mistakes, Despite Earlier Pledge: Politico, Clinton Foundation Spinoff Reverses on Refiling Tax Forms:
Tuesday, November 3, 2015
Monday, November 2, 2015
Thursday, October 29, 2015
Friday, October 16, 2015
Saturday, October 10, 2015
- Hillary Clinton Fact Sheet
- Barron's, Clinton Tax Proposal Puts HFT’s Influence On ETFs Back In Spotlight
- Bloomberg, Hillary Clinton to Propose High-Frequency Trading Tax
- Huffington Post, Hillary Clinton's High-Frequency Trading Mistake
- Points and Figures, Hillary and the HFT Tax
- Reuters, Clinton to Propose Tax on High-Frequency Trading
Friday, October 9, 2015
Wednesday, September 30, 2015
Following up on Monday's post, Trump's Tax Plan: 'Tax Reform That Will Make America Great Again': New York Times Deal Book: Trump Tax Plan a Triumph of Showmanship Over Common Sense, by Victor Fleischer (San Diego):
Monday, September 28, 2015
Thursday, September 24, 2015
Monday, September 21, 2015
Would The IRS Revoke The Catholic Church's Tax Exempt Status If Pope Francis Endorses Bernie Sanders?
Tuesday, September 15, 2015
Wednesday, September 9, 2015
- Jeb 2016, Reform & Growth Plan
- Jeb Bush Wall Street Journal op-ed, My Tax Overhaul to Unleash 4% Growth
- John Cogan (Stanford), Martin Feldstein (Harvard), Glenn Hubbard (Dean, Columbia Business School) & Kevin Warsh (Stanford), An Assessment of Governor Jeb Bush’s “Reform and Growth Act of 2017”
- Atlantic, Jeb Bush's Tax Plan Nods to Trump
- Bruce Bartlett, Jeb's Tax Plan Makes George W. Bush's Policies Look Good
- Bloomberg, Four Hard Questions to Ask About Jeb Bush's Tax Plan
- Citizens for Tax Justice, Jeb Bush's Tax Plan Is a Corporate Giveaway Disguised as Tax Reform
- Financial Times, Jeb Bush Proposes Slashing Tax Rates
- FiveThirtyEight, Jeb Bush’s Tax Plan Is Pretty Weird; Mixing Romneyism with Populism
Tuesday, September 8, 2015
Monday, August 31, 2015
Monday, August 24, 2015
Friday, August 21, 2015
Tuesday, August 11, 2015
Harvard Law Prof Larry Lessig Mulls Presidential Bid, Would Resign After Passage Of Campaign Finance Reform And Let VP Bernie Sanders Or Elizabeth Warren Take Over
Saturday, August 1, 2015
Hillary Clinton Releases Her 2007-2014 Joint Tax Returns Reporting $139 Million Income; 99% Of Charitable Contributions Went To Clinton Family Foundation
Hillary Clinton late Friday afternoon released her 2007-2014 tax returns, showing that she and Bill reported $139.1 million in adjusted gross income, paid $43.9 million in taxes (a 31.6% tax rate), and made $15 million (10.8% of their AGI) of charitable contributions, $14.9 million of which went to the Clinton Family Foundation and the Clinton Global Initiative.
- Financial Times
- Huffington Post
- National Journal
- New York Times
- U.S. News & World Report
- Wall Street Journal
- Washington Post
I previously blogged the Clintons' tax returns for prior years:
Friday, July 31, 2015
Clintons Reaped Millions From Foreign Bank After Hillary Intervened In UBS Tax Case To Reduce IRS's Requested Disclosures Of Americans' Offshore Accounts By 91%
Tuesday, July 28, 2015
Following up on Sunday's post, Hillary Clinton's Capital Gains Tax Plan:
- Hoover Institution: Hillary Clinton’s Upside Down Tax Reforms, by Richard A. Epstein (NYU)
- Human Events: Hillary’s Inconceivably Stupid Capital-Gains Tax Scheme, by Lawrence Kudlow (CNBC)
- Investor's Business Daily: Clinton Cap-Gains Plan, by Stephen Moore (Cato Institute)
- New York Times: Hillary Clinton’s Capital Gains Tax Change Misses the Mark, by Victor Fleischer (San Diego)
Sunday, July 26, 2015
Wednesday, July 22, 2015
Tuesday, July 14, 2015
- Bloomberg, Hillary Clinton’s Claim That a Democratic President Would Have Paid Down the National Debt
- Bloomberg, A Sneak Peek at Clinton's Capital Gains Tax Plan?
- The Economist, The Clinton Economic Plan: The Kitchen Sink
- FiveThirtyEight, The Numbers Behind Hillary Clinton’s Economic Vision
Thursday, July 9, 2015
- Jeb Bush Releases 33 Years Of Tax Returns (July 1, 2015)
- NY Times: Jeb Bush Tax Returns Recall Old Days Of Shelters, by Vic Fleischer (July 5, 2015)
Washington Post op-ed: Jeb Bush Paid Too Much in Taxes. So Did the Rest of Us., by Dorothy Brown (Vice Provost, Emory):
Sunday, July 5, 2015
Wednesday, July 1, 2015
Monday, March 24, 2014
Oklahoma For-Profit Corporation Not Subject to 501(c)(4) Rules Established to Support Republican Senate Candidate
Wednesday, September 11, 2013
Friday, May 3, 2013
Forbes: Pritzker Family Baggage: Tax Saving Offshore Trusts, by Janet Novack:
With President Barack Obams's nomination today of Chicago businesswoman and Forbes 400 member Penny Pritzker to be the Secretary of Commerce, her family’s legendary use of hundreds of offshore trusts to protect its wealth from taxes and the prying eyes of the IRS will be in the spotlight.
Or at least it will if Iowa Republican Senator Chuck Grassley has anything to say about it. In a memo to reporters Thursday afternoon, Grassley wrote: “Every nominee’s offshore tax avoidance activities should be examined as part of the nomination process. If the Commerce Committee doesn’t explore these questions with the nominee, I plan to do so, but I hope the committee will give the tax history a serious look.”
- The Atlantic, Penny Pritzker Is Obama's Mitt Romney
- Forbes, Pritzker vs Pritzker: One of the Sweetest Tax Deals Ever
- Politico, President Obama's Poke-in-the-Eye Picks
Sunday, April 28, 2013
Wednesday, April 17, 2013
Forbes: It's Time We Learned What Members of Congress Pay in Taxes, by Dorothy A. Brown (Emory):
On Friday President and Mrs. Obama released their most recent tax return for the entire world to see. They continued a longstanding tradition of sitting presidents releasing their returns, even though no law requires that they do so. The tradition began under the late President Richard Nixon. ...
Itemized deductions often come with a hefty price tag. The Joint Committee on Taxation has estimated that for 2013 the amount of revenue lost because of the three deductions the Obamas took (which happen to be among the most popular deductions taken) will be: $90 billion for mortgage interest, $47 billion for charitable contributions, and $46 billion for state and local income taxes. ... One part of the minority that benefits from itemized deductions is members of Congress.
Although Presidents have voluntarily released their tax returns for the last several decades, nothing could be further from the truth when it comes to members of Congress. McClatchy newspapers reported last July that of the 535 members asked to release their most recent tax returns, just 17 did. ... I suspect that if we looked at the tax returns of eavery member of Congress we would see something close to a 100% itemization rate. Compare that to only a third of the American public, and the numbers would suggest that repeal is the best way forward.
Given that I do not expect members of Congress to change their ways, one way to move closer to reform would be for the IRS to issue a new kind of report, which I call the “535 Report.” It would provide in summary fashion the information from the tax returns of all members of Congress. The 535 Report would be similar in concept to what the IRS currently produces for the tax returns of the 400 highest-income individuals.
No law is needed, because no privacy rights would be violated. All the IRS would have to do would be to crunch the numbers. Then we would know what percent of Congress itemized deductions and what the most popular deductions were. We could then compare the information with what the IRS already produces about the American taxpaying public in general, and hopefully encourage voters to demand change.
David Cay Johnston reported in The New York Times in June 2003 that the 400 report was begun in response to a professor asking for it. Let’s see if lightening can strike twice.
For more, see Dorothy Brown, The 535 Report: A Pathway to Fundamental Tax Reform, 40 Pepp. L. Rev. ___ (2013). For the video of Dorothy's presentation of the paper at the January 18, 2013 Pepperdine/Tax Analysts Symposium on Tax Advice for the Second Obama Administration, see iTunes and YouTube.
Monday, February 18, 2013
Inside Higher Ed: A Professor vs. Fox News:
Students in a political science class at West Liberty University were given an assignment recently to keep a "politics journal" in which they would record their reactions to various articles they had selected.
The instructor at the West Virginia public institution included some possible news sources, such as The Economist, BBC, CNN and The Huffington Post. But the instructor also specified that two sources could not be used. One was The Onion, which the assignment notes "is not news" and "is literally a parody."
The other barred source is the one that got the instructor -- Stephanie Wolfe -- scrutiny this week. She banned articles from Fox News, writing: "The tagline 'Fox News' makes me cringe. Please do not subject me to this biased news station. I would almost rather you print off an article from the Onion."
- Daily Caller, Professor Bans Fox News, Claiming It Makes Her Cringe
- Mediaite, Professor Bans Students From Using Fox News As A Source: It ‘Makes Me Cringe’
Wednesday, November 28, 2012
CampusReform.org: 96% of Political Donations From Ivy League Faculty & Staff Went for Obama:
From the eight elite schools, $1,211,267 was contributed to the Obama campaign, compared to the $114,166 given to Romney.
The highest percentage of Obama donors came from Brown and Princeton, with 99% of donations from faculty and staff going towards his campaign.
Dartmouth and Pennsylvania’s faculty contributed to the President’s campaign in the lowest numbers, with only 94% percent donating to the Obama campaign.
- Brown: 129 Obama donors gave $67,728, 1 Romney donor gave $500
- Columbia: 652 Obama donors gave $361,754, 21 Romney donors gave $34,250
- Cornell: 282 Obama donors gave $141,731, 11 Romney donors gave $8,610
- Dartmouth: 90 Obama donors gave $51,018, 6 Romney donors gave $2,850
- Harvard: 555 Obama donors gave $373,556, 30 Romney donors gave $34,500
- Princeton: 277 Obama donors gave $155,008, 4 Romney donors gave $1,901
- Pennsylvania: 376 Obama donors gave $209,839, 26 Romney donors gave $22,900
- Yale: 399 Obama donors gave $186,834, 13 Romney donors gave $8,655