Wednesday, September 5, 2012
Brian Leiter (Chicago): Tax Scholarship Matters, linking to
Bernard A. Burk (North Carolina), Sometimes What We Publish Actually Matters:
The Wall Street Journal reports today that "a person familiar with [the NY AG's] office's thinking" has explained that the subpoenas were issued in July, before this issue sprang into public consciousness, and were raised by the office's taxpayer protection bureau ... based on discussion of the issue in (wait for it . . .) "academic papers." I would be remiss if I failed to point out that this phrase in the online report is hyperlinked directly to my brilliant and perspicacious colleague Gregg Polsky's 2009 paper describing and condemning this very strategy, Private Equity Management Fee Conversions, 122 Tax Notes 743 (2009). So sharpen your nibs, my friends -- real regulators may rely on your
work to brook the high and mighty. And of course your mom likes it too.