
Paul L. Caron
Dean
Pepperdine Caruso
School of Law

The Tax Guru has a wonderful roundup of April 15 tax cartoons. My favorites are here, here, here, here, here, here, and here.
President Bush and Vice-President Chaney have released copies of portions of their tax returns: President Bush’s 2004 Tax Return (10 pages, but no statements) $784,291 AGI $111,431 itemized deductions (including $77,785 charitable deduction) $672,788 taxable income $207,335 tax liability (no AMT) $38,534 refund Vice-President Cheney’s 2004 Tax Return (just Form 1040, with no schedules…
The President’s Advisory Panel on Federal Tax Reform has issued a press release and 6-page statement in response to today’s tax filing deadline, arguing that America Needs a Better Tax System: Our tax laws have been compared to an overbuilt and dilapidated house with conflicting architectural styles and a crumbling foundation, a sick patient who…
The President’s Advisory Panel on Federal Tax Reform yesterday announced that it is inviting interested parties to submit ideas for reforming the tax code by April 29: "At our six public meetings that were held all over the country, we learned about the complexities of the tax code and its impact on taxpayers," stated Senator…
The FreedomWorks Show hosts a “Tax Day Blues” Special Edition online radio program today on rightalk.com at 2:00 pm EST: Tax Day Blues,” will look at the cost and dysfunction of the current tax code, and the solutions for reform. FreedomWorks Policy Director and tax reform expert Max Pappas and will discuss the benefits of…
A video webcast is available of today’s meeting of the President’s Advisory Panel on Federal Tax Reform at 9:30 a.m. PST in San Francisco. The Panel also has released the testimony to be given at the meeting: Statement of Chairman Connie Mack Panel 1: Overview of International Tax Systems PowerPoint Presentation of Willard Taylor (Sullivan…
The President’s Advisory Panel on Federal Tax Reform holds its sixth meeting today at 9:30 a.m. PST in San Francisco: Welcome by the Panel Chairman Panel 1: Overview of International Tax Systems Willard Taylor (Sullivan & Cromwell, New York, NY) Mihir Desai (Rock Center for Entrepreneurship Associate Professor, Harvard Business School) Jeffrey Owens (Director, OECD…
A video webcast is available of today’s meeting of the President’s Advisory Panel on Federal Tax Reform at 9:30 a.m. CST at the Louisiana Children’s Museum. The Panel also has released the testimony to be given at the meeting: Statement by Vice-Chairman John Breaux Remarks by John Neely Kennedy (State Treasurer of Louisiana) Panel I: …
Paul Streckfus has published Did the IRS Shoot Itself in the Foot by Going After NAACP?, 106 Tax Notes 1445 (Mar. 21, 2005), also available on the Tax Analysts web site as Doc 2005-4356, 2005 TNT 54-28: Paul Streckfus comments on the IRS investigation into whether a speech by Julian Bond constituted impermissible political campaign…
A video webcast is available of today’s meeting of the President’s Advisory Panel on Federal Tax Reform at 10 a.m. CST at the University of Chicago Graduate School of Business. The Panel also has released the testimony to be given at the meeting: Written Statement of Chairman Connie Mack Panel I: Taxes and Individual Decisions…
The President’s Advisory Panel on Federal Tax Reform holds its fourth meeting today at 10 a.m. CST at the University of Chicago Graduate School of Business, Gleacher Center 450 North Cityfront Plaza Drive, Chicago, Illinois 60611: Panel I: Taxes and Individual Decisions James J. Heckman (Nobel Laureate in Economics) Henry Schultz (Distinguished Service Professor of…
The President’s Advisory Panel on Federal Tax Reform has released its list of witnesses for Wednesday’s fourth meeting at the University of Chicago Graduate School of Business: Panel I: Taxes and Individual Decisions James J. Heckman (Nobel Laureate in Economics) Henry Schultz (Distinguished Service Professor of Economics, University of Chicago) Panel II: Taxes and Investment…
The President’s Advisory Panel on Federal Tax Reform has released a video webcast of this week’s third meeting of the panel in Tampa, Florida: Written Statement of Chairman Connie Mack Panel: Corporate Income Tax Basics PowerPoint Presentation of Jack S. Levin (Partner, Kirkland & Ellis), All You Ever Wanted to Know About U.S. Income Taxation…
Interesting piece in the March/April Mother Jones about the American Jobs Creation Act: Make Your Taxes Disappear! There is a great quote from Eugene Steurerle: "From the beginning to the end, this was designed by lobbyists," says C. Eugene Steuerle, codirector of the Urban-Brookings Tax Policy Center, who spearheaded corporate tax reform as a member…
These documents have been released in connection with today’s third meeting of the President’s Advisory Panel on Federal Tax Reform in Tampa, Florida: Written Statement of Chairman Connie Mack Panel: Corporate Income Tax Basics PowerPoint Presentation of Jack S. Levin (Partner, Kirkland & Ellis), All You Ever Wanted to Know About U.S. Income Taxation of…
The President’s Advisory Panel on Federal Tax Reform holds its third meeting today at 9:30 a.m. EST at SAGO Networks, 4465 W. Gandy Boulevard Tampa, FL 33611: The witnesses will provide the panel additional perspectives on corporate tax reform and how the tax system affects businesses and entrepreneurs. Here are the witnesses scheduled to testify:…
These documents have been released in connection with today’s second meeteing of the President’s Advisory Panel on Federal Tax Reform: Written Statement of Chairman Connie Mack Written Statement of Alan Greenspan (Chairman of the Board of Governors, Federal Reserve System) Written Statement of James A. Baker, III (Former Secretary of State and Former Secretary of…
The President’s Advisory Panel on Federal Tax Reform holds its second meeting today at 9:30 am in the Jack Morton Auditorium, Media and Public Affairs Building, The George Washington University, 805 21st Street, NW, Washington, DC, 20052. Here are the witnesses scheduled to testify: Alan Greenspan (Chairman of the Board of Governors, Federal Reserve System)…
Interesting piece in the March 7 Fortune: Bush to Blue States: "Drop Dead!" Here is the opening: When President Bush talked about tax reform last year, many Americans were hoping he’d tackle the new scourge of the middle class: the alternative minimum tax (AMT). The tax, whose origins date to 1969, was designed to ensure…
Jeffrey Kupfer, executive director of the President’s Advisory Panel on Federal Tax Reform, today announced the hiring of three new staff members: Jon Ackerman, Senior Counsel (on leave from the Treasury Department’s Office of Tax Policy) Rosanne Altshuler, Senior Economist (on leave from Rutgers University, Department of Economics; former Special Advisor to Joint Committee on…
The President’s Advisory Panel on Federal Tax Reform has announced its next three public meetings: March 3: Washington, D.C. (George Washington University’s Jack Morton Auditorium): The Panel will hear additional perspectives on tax reform, as well as a description of the problems presented by complexity in the tax system. March 8: Tampa, FL: The Panel…
ThePresident’s Advisory Panel on Federal Tax Reform has announced that it is seeking public comments on these four issues: Headaches, unnecessary complexity, and burdens that taxpayers — both individuals and businesses — face because of the existing system Aspects of the tax system that are unfair Specific examples of how the tax code distorts important…
These documents have been released in connection with today’s first meeting of the President’s Advisory Panel on Federal Tax Reform: Fact Sheet from the Panel Opening Statement of Chairman Connie Mack Opening Statement of Vice-Chairman John Breaux Statement of John W. Snow, Secretary of the Treasury PowerPoint Presentation of Stephen J. Entin, President and Executive…
The President’s Advisory Panel on Federal Tax Reform holds its first meeting today at 10 a.m. at the Ronald Reagan Building & International Trade Center Amphitheater, Concourse Level, 1300 Pennsylvania Avenue NW, Washington, D.C. These witnesses are scheduled to testify: Stephen J. Entin, President and Executive Director at the Institute for Research on the Economics…
Interesting cover story in this week’s Barron’s: Trashing the Tax Code: Despite Formidable Obstacles, George Bush is Likely to Pull of an Historic Reform of the Tax System. (Thanks to reader Steven Sholk for the tip.)