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September 13, 2007
Guess What President Bush’s Top Economist Is Doing in His Spare Time? Trying to Patent a Way for Corporations to Cut Their Tax Bills
FALLS CHURCH, VA — Edward Lazear, who chairs President Bush’s Council of Economic Advisors, is trying to patent a way for corporations to minimize their tax bills, Tax Notes Today reports this morning.

The patent application by Lazear and Swiss economist Alexandre Ziegler, which was filed in October 2006 — seven months after Lazear assumed the CEA position — brought strong criticism from the tax community.

The application also flies in the face of warnings from the Treasury Department, IRS, Congress, and even the White House that the recent surge in tax strategy patents is hurting the tax system.

To read more of this exclusive story, go to the website of Tax Analysts, the non-profit publisher of Tax Notes Today, at

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