Paul L. Caron

Thursday, November 20, 2014

Pepperdine/Tax Analysts Symposium Papers: Tax Reform in a Time of Crisis

TaxSymposiumHeaderHere are links to the eleven published papers from the Pepperdine/Tax Analysts Symposium on Tax Reform in a Time of Crisis (Jan. 17, 2014):

Thanks to the paper commentators:  Donald Korb (Partner, Sullivan & Cromwell; former IRS Chief Counsel), Nancy Staudt (Dean, Washington University), and Eric Zolt (UCLA)

Scholarship, Tax, Tax Conferences | Permalink


I was curious about what "crisis," noted in the subject, that we faced. After all, everything has to be a "crisis" to get people to rush into stupid acts. (Reference stupid voters with the healthcare crisis and the global warming crisis that used to be a second ice age crisis.) So, I glanced at the presentations and provide these key points that I observed:

( 1) Liberal professors think that the tax crisis problem is that employed Americans aren't taxed enough rather than that the government spends too much.

( 2) California is a model for government fiscal responsibility.

( 3) Taking more tax money from families that are trying to provide for and pay for the education of their own kids is supposed to be "for the children."

( 4) Black people pay more in taxes because the Tax Code is racist and the poor Obamas are the only proof you need of that, you bigot.

( 5) Greater tax benefits should be allowed for contributions to charities that help "the poor" (shame for not using the term "less fortunate"). You can bet that Christian churches, which used to be better able to provide charity, would not qualify under any plan acceptable to Democrats, but abortion clinics would.

( 6) Dead people don't pay enough taxes (although they seem to vote for politicians wanting higher taxes.)

( 7) Our nation will be better off if we shift resources to "developing countries" and because it's not fair that some nations have more weath than others, although there was one voice of reason on this matter.

( 8) It's our fault that other nations are poor, and not because of their corrupt leaders, economic systems, or wars.

( 9) Global taxes and global tax standards will put "rogue" American citizens living abroad in their place.

(10) President Kennedy originated the idea of tax reform, and so was also responsible for key revenue acts, such as in 1918, 1924, 1942, 1948, and 1954 before him, (All hail Kennedy, King of Camelot!)

(11) Ferguson protesters think that "carried interest" is the next greatest problem behind the Michael Brown shooting.

(12) Small businesses need to pay more taxes, because the Lord knows that small business owners have plenty of extra money to give the government.

(13) America needs to tax more like other countries rather than the other way around.

(14) Finally, but on a happy note, some actually admit that the IRS went too far attacking Tea Party organizations, while most of the attendees just bit their lips or quietly walked out.

How does anyone manage to keep a straight face at these alleged academic symposiums and even manage polite affirmations to one another for incredible positions? Really, are all tax professors and self-proclaimed experts so poor at history, economics, reality, and the truth? I feel sorry for the students of some professors and who either have to become indoctrinated believers, simply go along quietly, or find a college where professors aren't totally crazy.

Please invite me to speak at the next "crisis forum," but schedule me for the summation, so as to let those professors who consider themselves to be elite to leave early for their wine and cheese gatherings at which they congratulate each other and avoid hearing anything that might offend their sensitive beliefs.

Posted by: Woody | Nov 20, 2014 12:03:59 PM

+1 to Woody

Posted by: MG | Nov 20, 2014 2:41:47 PM