Bad news, you say? The Dow fell 445 points today.
The good news is that it can only happen 17 more times, then we'll be done.
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Unfair but balanced commentary on tax and budget policy, contemporary U.S. politics and culture, and whatever else happens to come up
My books and articles
- Bonfires of the American Dream
- Literature and Inequality
- Fixing U.S. International Taxation
- Getting It
- Decoding the U.S. Corporate Tax
- Taxes, Spending, and the U.S. Government's March Toward Bankruptcy
- Do Deficits Matter?
- Making Sense of Social Security Reform
- Who Should Pay for Medicare?
- When Rules Change
- Corporate Tax Shelters in a Global Economy
- Federalism in Taxation: The Case for Greater Uniformity
- My articles on SSRN
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Blog Archive
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2008
(208)
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November
(17)
- Preparing to pivot
- There's got to be a metaphor in here somewhere
- Confession of a deficit hawk
- Which do you want first, the bad news or the good ...
- If I were a billionaire
- Rangel corporate rate cut proposal
- Act now while supplies last
- Colloquium presentation at Loyola LA
- JCT Tax Expenditure estimates
- Stanford Law School conference on the tax gap
- Audacious stunt by the Treasury Department
- Go West, young (?) man
- Obama wins
- Election Day
- Nate, don't fail me now
- The flat tax isn't flat
- Economist Christine Romer on fiscal policy
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November
(17)
About Me
- Daniel Shaviro
- New York, New York, United States
- I am the Wayne Perry Professor of Taxation at New York University Law School. My research mainly emphasizes tax policy, government transfers, budgetary measures, social insurance, and entitlements reform. My most recent books are (1) Decoding the U.S. Corporate Tax (2009) and (2) Taxes, Spending, and the U.S. Government's March Toward Bankruptcy (2006). My other books include Do Deficits Matter? (1997), When Rules Change: An Economic and Political Analysis of Transition Relief and Retroactivity (2000), Making Sense of Social Security Reform (2000), Who Should Pay for Medicare? (2004), Taxes, Spending, and the U.S. Government's March Towards Bankruptcy (2006), Decoding the U.S. Corporate Tax (2009), and Fixing the U.S. International Tax Rules (forthcoming). I am also the author of a novel, Getting It. I am married with two children (boys aged 24 and 21) as well as three cats. For my wife Pat's quilting blog, see Patwig’s Blog.
1 comment:
Only if you assume that it works in absolute numbers and not percentages a la Xeno's Paradox If the latter we could be in for a long ride The only remaining good news is that, as your savings disappear, so do pretty much everyone else's, so you're going to have plenty of company.
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