Tax Notes has a new article today (“IRS Staff Shortage to Hit Taxpayer Service, IT Work, Watchdog Says“), based on a new report from the Treasury Inspector General For Tax Administration. The full report is here, and here is the intro to the Tax Notes piece: Deep reductions in the IRS workforce will create challenges…
David Splinter (Joint Committee on Taxation) has posted The Distribution of Capital Gains in the United States: A Comment: National income is estimated based on a consistent treatment of economic income flows. Research on the distribution of income (Piketty, Saez, and Zucman 2018; Auten and Splinter 2024) uses these agreed upon national income concepts. Notably,…
The 2025 University of Virginia School of Law Invitational Tax Conference concluded today with a discussion of two papers: Manoj Viswanathan (UC Law SF), Damage Award Taxation and Distributive JusticeDiscussant: Brant Hellwig (NYU) Andrew Hayashi (UVA Law), Reparations, Regret, and the Arc of HistoryDiscussant: Joe Bankman (Stanford)