Start Making Sense

Unfair but balanced commentary on tax and budget policy, contemporary U.S. politics and culture, and whatever else happens to come up

Tuesday, July 31, 2012

Others weigh in on Romney's tax returns

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Two articles today add important elements to the discussion of Romney's tax returns and his resistance to disclosure. In the New York ...
4 comments:
Monday, July 30, 2012

Domestic and foreign policy under a President Romney

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In response to Michael Tomasky’s Newsweek cover story , “Mitt Romney’s Wimp Factor,” liberal blogger Ed Kilgore argues the following: “Pr...
Thursday, July 26, 2012

New publication

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The International Bureau of Fiscal Documentation (IBFD), which is centered in the Netherlands but also has a U.S. office (contact info for ...
Tuesday, July 24, 2012

Is Apple deliberately understating its earnings?

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This MSNB story by Peter Svensson offers an interesting twist on U.S. companies' - or more specifically Apple's - international tax ...
1 comment:

Appearance today on Mike Huckabee's radio show

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I am scheduled to speak with Governor Mike Huckabee on his radio show today, at 12:32 EST, for up to fifteen minutes.  The show is carried n...
2 comments:

More possibilities re. the Swiss bank account

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Brian Beutler at Talking Points Memo reports on some speculation that I offered regarding the Swiss bank account, and in particular the pos...
Monday, July 23, 2012

First mention for a while

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"Young D.C. lawyer Bill Doberman, who fancies himself the James Bond of the Potomac. is a liar, a conniver, a phony, a hypocrite, and ...

Speak of wasteful government spending ...

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According to this GAO report , last year's delay in raising the Federal debt limit, by reason of Congressional brinkmanship, "led t...
Friday, July 20, 2012

2010 Romney tax return story

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Interesting story today by Ryan Grim and Zach Carter at the Huffington Post.  They report that, in 2010, "Mitt Romney saved himself hu...
12 comments:
Thursday, July 19, 2012

Double standard

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Suppose that Romney was interviewing people for an important job.  The person who got the job would get to exercise enormous independent dis...
4 comments:
Wednesday, July 18, 2012

More on the mystery of the Swiss bank account

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At the Huffington Post, Zach Carter and Ryan Grimm quote the manager of a Romney blind trust as saying that  the infamous Swiss bank accoun...
Tuesday, July 17, 2012

Book club

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I've just finished reading a brilliant, quiet, but in its way brutal and chilling novel, Thomas A. Savage's "The Power of the D...
5 comments:

Could Romney have paid zero U.S. income taxes in 2009?

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I've been getting the question in the title to this post, and no one can really answer it without seeing the return itself.  But let...
1 comment:

The presidential campaigns debate international tax policy

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I was bemused to see in today's Times that Obama and Romney spent some time yesterday debating a Tax Notes article on U.S. internationa...
4 comments:
Monday, July 16, 2012

Rigged financial markets?

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This story about big hedge funds getting an advance peek at new information relevant to stock price movements, plus the LIBOR manipulation ...
1 comment:

Why won't Romney release his 2009 tax return?

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Increasingly, everyone (including Republicans such as George Will, Matthew Dowd, and William Kristol) agrees that the reason for Romney'...
21 comments:
Thursday, July 12, 2012

What's so special about "small business"?

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Both presidential campaigns are eager to portray themselves as champions of "small business."  So we have the Romney campaign misl...
44 comments:
Wednesday, July 11, 2012

It's not actually about the Swiss bank account

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You know the old joke, where the older man says to the younger one: "Is it for the likes of you that I lost my leg in the war?!?" ...
5 comments:
Monday, July 09, 2012

TV non-appearance

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Tonight at 7 pm EST on CNN's Erin Burnett Outfront, there will be a feature on Romney's offshore accounts, including the tax plannin...
3 comments:
Saturday, July 07, 2012

Nice work if you can get it

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Making derivatives trades that pay off based on the LIBOR rate, and then getting to rig a fake LIBOR rate so you're guaranteed to win, i...
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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.
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