Larry Summers’s modest proposal for tax reform
Reuven Avi-Yonah
Reuven S. Avi-Yonah is the Irwin I. Cohn Professor of Law and director of the International Tax LL.M. Program at the University of Michigan.
Posted inCoronavirus
It’s Time to Revive the Excess Profits Tax
As during the world wars, companies that profit because of the crisis should not grow rich just because of the crisis.
Posted inEconomic Policy
The Shaky Case Against Wealth Taxation
Contrary to the skeptics, taxing wealth is both feasible and constitutional. It’s also the most progressive form of taxation available.
Posted inMoney, Politics, and Power
The Tax Act Actually Promotes Off-Shore Tax Tricks
The Tax Act creates additional incentives to shift income offshore for purposes of tax avoidance, and what is worse, it creates incentives to shift actual jobs.
Posted inMoney, Politics, and Power
What’s the Matter with Oklahoma?
Oklahoma was once a center of left-populism. Could it be that again?
Posted inMoney, Politics, and Power
International Tax Evasion: What Can Be Done?
Multinationals save hundreds of billions of dollars by offshoring income and manipulating their books — and it’s perfectly legal.
Posted inEconomic Policy
The Shame of Tax Havens
Taxes evaded in offshore havens could fund a lot of public services.
Posted inFeatures
World-Class Tax Evasion
The current age of globalization can be distinguished from the previous one (1870-1914) by the much higher mobility of capital than labor. In the previous age, before immigration restrictions, labor was at least as mobile as capital. Today’s increased capital mobility reflects both technological changes (the ability to move funds electronically) and policy changes (the […]