The legal principle of offset has played a key role in debt collection by private parties for centuries. In 2021, offset continues to play an...

--Read More

In the intermediated economy of the twenty-first century, retail mutual fund investors cede investment and voting decisions to institutional...

--Read More

Stanley Surrey (1910–1984) was arguably the most important tax scholar of his generation. Surrey was a rare combination of an academic (Berkeley...

--Read More

The IRS recently rescinded a longstanding rule that required certain nonprofits to disclose substantial donor names and addresses on the...

--Read More

Judd’s (1985) finding that the optimal long-run rate of tax on capital is zero—even if equity is an important social objective—has exerted...

--Read More

The Tax Cuts and Jobs Act was the most significant tax law in more than three decades, but the strategy for getting it enacted included a...

--Read More

Perhaps the most controversial provision of the Tax Cuts and Jobs Act of 2017 is the state and local tax deduction limitation (or SALT cap),...

--Read More

We investigate how income tax reductions affect work hours. Our empirical strategy relies on the fact that, in states where taxpayers can deduct...

--Read More

The United States is the only country in the world to exercise taxing jurisdiction over the income of its citizens and long-term permanent...

--Read More