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December 31, 2015
The 100 Must-Follow Tax Twitter Feeds In 2016
(70) @MariaKoklanaris - Maria Koklanaris - State tax reporter at @TaxAnalysts. (75) @TaxAnalysts – Tax Analysts
December 18, 2015
Apple scheming to avoid taxes? 'Total political crap,' says Tim Cook
CNN Money
Cook's mention of the 40% suggests that much of Apple's overseas money is not currently being taxed, said Martin Sullivan, chief economist of Tax Analysts.
December 14, 2015
Should there be a fat tax on soda and junk food?
CNN Money
"That's a good use of tax policy." noted David Brunori, deputy publisher of Tax Analysts.
December 9, 2015
Hillary Clinton says no to corporate tax inversions
CBS MoneyWatch
One expert on federal tax reform called Clinton's proposal to prevent earnings stripping of particular interest. "It would not just take the juice out of inversion deals but would also close the loophole that allows established foreign firms doing business in the United States to artificially shift profits out of the United States," Martin Sullivan, chief economist and contributing editor at Tax Analysts, a nonprofit provider of tax news and analysis, emailed.
December 7, 2015
Jeff Bezos wants to send Donald Trump into space
CNN Money
"It doesn't make any sense," said Martin Sullivan, chief economist with Tax Analysts.
December 3, 2015
U.S. firms amass more untaxed foreign earnings
USA Today
"It's been a pretty steady increase," said Martin Sullivan, chief economist for Tax Analysts, an independent provider of tax news and analysis. Citing a political stalemate on federal tax overhaul, he added: "There's no reason at all to expect the trend to change."
November 20, 2015
New Treasury rules unlikely to stop Pfizer-Allergan deal
USA Today
Lee Sheppard, contributing editor of Tax Analysts' Tax Notes and a specialist in taxation of multinational corporations, said the federal statute governing tax inversions is weak. But the Treasury Department has administrative authority to issue rules based on the law.
November 13, 2015
For Republican candidates, it’s a race to the lowest tax rate
The Washington Post
“I think it’s campaign hyperbole, which we always expect but I think inside the Beltway, from K Street to Capitol Hill, nobody’s taking any of these plans seriously,” said Marty Sullivan, the chief economist at Tax Analysts. “They know they would be extremely difficult to implement.”
November 11, 2015
Business-like debate
Politico Morning Tax
“They’re puffing up their effective tax rate and there’s nothing wrong with that,” said Marty Sullivan of Tax Analysts. “In fact, it’s good conservative accounting.”
November 9, 2015
Brady speaks
The quote from Marty Sullivan at Tax Analysts: "It gives a distorted picture of how much tax they're paying. Their tax situation is one of the most advantageous of any major U.S. corporation.”
November 9, 2015
Veterans bills up in the Senate; Pfizer’s U.S. tax game; Obama’s trade opponents on the presidential campaign trail
The Washington Post
“It gives a distorted picture of how much tax they’re paying,” said Marty Sullivan, chief economist at Tax Analysts, the nonprofit publisher of Tax Notes. “Their tax situation is one of the most advantageous of any major U.S. corporation.”
November 8, 2015
Pfizer Piles Profits Abroad
The Wall Street Journal
“It gives a distorted picture of how much tax they’re paying,” said Marty Sullivan, chief economist at Tax Analysts, the nonprofit publisher of Tax Notes. “Their tax situation is one of the most advantageous of any major U.S. corporation.”
November 4, 2015
A world with no IRS? Really?
CNN Money
"You may not like our tax system. But getting rid of the IRS doesn't get rid of the need to administer our tax laws," said Martin Sullivan, chief economist at the publisher Tax Analysts.
November 2, 2015
Trump, Icahn push to stop U.S. firms fleeing abroad
Washington Examiner
Although the regulations have changed the equation, "people still want to do them, and people still are in kind of a hurry to do them," said Lee Sheppard, a tax expert with Tax Analysts.
November 2, 2015
Why Pfizer is so bent on lowering its tax rate
CBS Money Watch
"For some companies, like retailers and service companies, they don't have an offshore planning potential, so 35 percent is a problem," said Martin Sullivan, chief economist with Tax Analysts.
October 28, 2015
The POLITICO Wrongometer: Our policy reporters truth-squad the Republican debate
Leaving out the effects of the federal estate tax, Tax Analysts’ Marty Sullivan put the total of Jeb Bush’s tax cuts in office closer to $13 billion.
October 27, 2015
Boehner works budget deal
Politico Morning Tax
According to Tax Notes, Koskinen said Friday that the agency will be employing new tactics as it makes its budget case — including making more specific project requests and urging Congress to hold the agency accountable on those projects.
October 10, 2015
New rules, same old paradigm
The Economist
Lee Sheppard, a tax lawyer who followed the talks closely, especially blames American negotiators for weakening proposals or making them unnecessarily complex: “It’s as if BEPS was being killed off from the inside by letting Americans loose on it.”
October 7, 2015
Jeb Bush’s misleading claim that ‘I cut taxes’ by $19 billion over eight years (Fact Checker biography)
The Washington Post
When Martin A. Sullivan, chief economist at Tax Analysts, calculated revenue changes without the estate tax credit and in nominal dollars, he arrived at a lower figure: a $13.04 billion reduction.
October 5, 2015
Trump responds to criticism of tax plan
Politico Morning Tax
MORE DEBATE OVER CADILLAC TAX from the Economic Policy Institute’s Josh Bivens (, Tax Analyst’s Marty Sullivan ( and Maya MacGuineas, of the Committee for a Responsible Federal Budget (
September 29, 2015
Donald Trump Unveils Plan To Cut Taxes For Millions
Tax Analyst's Lee Sheppard says that's not as big a deal as it sounds since people in that bracket tend not to pay much in income tax anyway.
September 28, 2015
Trump breaks with other Republican candidates on corporate taxes
CBS MoneyWatch
"This is just exactly opposite of where every other Republican candidate is on the taxation treatment of multinationals," said Martin Sullivan, chief economist at Tax Analysts, formerly an economist with the U.S. Treasury Department and Congress' Joint Committee on Taxation.
September 9, 2015
Treasury prods firms to fight tax provision
The Hill
But Sullivan added that it was “a pretty mainstream” idea to implement new limits on interest. “It’s very easy to shift profits if you let people issue debt wherever they want,” he said.
August 29, 2015
Patently problematic
The Economist
With patent boxes set to survive, countries are falling over each other to adopt them, according to Ajay Gupta, who writes about global tax trends. Switzerland could be next. Mr Gupta sees it as “a race that will surely end with multinational enterprises walking away with the top prize.” Martin Sullivan, a commentator for Tax Notes, every diligent accountant’s bedtime reading, writes that what little evidence there is on the impact of patent boxes suggests that they do little or nothing to boost innovation.
August 26, 2015
For tax foes, plenty to like in GOP field
The Hill
Martin Sullivan of Tax Analysts, a former top Treasury economist, has estimated that Bush’s tax cuts were more in the neighborhood of $13 billion.
August 18, 2015
IRS: Oops, breach hit way more people than we thought — Tax Analysts’ Jeremy Scott: Extenders routine not corruption, just gimmickry — Divine inspiration
Politico Morning Tax
TAX ANALYSTS’ JEREMY SCOTT: EXTENDERS ROUTINE NOT CORRUPTION, JUST GIMMICKRY. Tax Analysts’ Jeremy Scott takes on Harvard Professor (and potential Democratic presidential candidate) Lawrence Lessig’s argument that Congress can’t get anything done because of campaign finance — at least when that argument is applied to Congress’ apparent inability to pass tax extenders in anything other than an ad hoc, slapdash fashion. “Lessig argues that politicians basically sell year-to-year extensions of tax policy to donors,” Scott writes. “Basically, Lessig is saying that each year Congress pretends it might not renew extenders in order to build support, and he believes support is just a euphemism for cash.” Not so, says Scott
August 7, 2015
Governors boast of tax cuts in GOP debate — Jindal says IRS should target Planned Parenthood — McConnell: No highway funding from tax reform
Politico Morning Tax
Leaving that out, Tax Analysts’ Marty Sullivan pegs the tax cuts during Bush’s administration closer to $13 billion.
August 7, 2015
Fact checking the first GOP presidential debates
The Washington Post
A report by Martin Sullivan on Tax Analysts excluded federal actions and adjusted for inflation and concluded that the actual figure during Bush’s eight years was about $13 billion — about two-thirds of the figure touted by Bush.
August 6, 2015
Tax reform doubters, IRS struggles and a new arena in Milwaukee
The Washington Post
If you went back to when Lois Lerner stood up and admitted [that political groups were being targeted], no one would say the IRS is better now than it was right before that moment,’ said Jeremy Scott, a tax expert and editor of commentary at Tax Analysts. ‘Things have gotten worse, and it’s hard to see a way out of it.'”
July 30, 2015
UBS Deal Shows Clinton’s Complicated Ties
The Wall Street Journal
Stu Gibson, who litigated the lawsuit against UBS for the Justice Department, said in a recent interview that he was unaware that the bank had increased its donations to the Clinton Foundation in the wake of the settlement. “It raises questions that need to be addressed, or should be addressed,” said Mr. Gibson, who has left the government and now is editor of Tax Notes International. “Maybe there’s nothing to it. Maybe there is something to it.”
July 22, 2015
Today may be take two for highway bill — Rand Paul lights the tax code on fire — Senate Finance to review IRS targeting probe
Politico Morning Tax
MICROSOFT HEARING DELAYED. Tax Analysts reports there's been a delay in the evidentiary hearing where Microsoft was going to present support for its claim that the IRS unlawfully hired the outside law firm Quinn Emanuel and involved the firm in interrogations of current and former Microsoft employees. Both sides requested a rescheduling due to “unforeseen circumstances” and the new date of the hearing is Friday. Read the Tax Analysts article here:
July 10, 2015
Three questions about Congress' newest idea for tax reform
The Washington Examiner
"If you ask a baker, 'what was the cost of the eggs that went into the cake?' she could tell you down to the penny," Tax Analysts chief economist Martin Sullivan told the Washington Examiner in a recent interview. "But if you asked a baker, 'what are the incomes from those eggs?' it's very difficult to even comprehend what that means."
July 1, 2015
Jeb Bush Releases 33 Years of Tax Returns
The Wall Street Journal
“It’s either poor tax planning or very good political planning,” Mr. Thorndike said, referring to the overall tax rate. “It’s surprising to me that a guy involved in partnerships and LLCs hasn’t been able to structure his affairs more tax efficiently.”
July 1, 2015
Budget and tax: A few last takeaways on Bush’s taxes, and could tax policy have led to Puerto Rico’s troubles?
The Washington Post
They quote Joseph Thorndike of Tax Analysts who questions how Bush wound up paying so much: “It’s either poor tax planning or very good political planning,” Thorndike told the WSJ. “It’s surprising to me that a guy involved in partnerships and LLCs hasn’t been able to structure his affairs more tax efficiently.”
June 30, 2015
Bush Tax Returns: Big Income, Big Taxes Since 1981
The New York Times
"At this point, it's a political requirement, if not a legal one," said Joseph Thorndike, director of the Tax History Project, a group that has collected tax forms for presidents and top presidential candidates since 1995.
June 24, 2015
Publisher sues IRS over agency bonus records
Christopher Bergin, Tax Analysts’ president and publisher, said in a news release that examining how the IRS rewards senior personnel would shed light on what issues the agency deems significant or difficult. He said “there is no legal basis to withhold these documents from public scrutiny.”
June 1, 2015
Marijuana church given tax-exempt status in Indiana: ‘Somebody at the IRS loves us’
The Washington Examiner
"Somebody at the IRS loves us because we got it back in less than 30 days,” Mr. Levin told Tax Analysts’ David van den Berg
May 22, 2015
Piles of Overseas Profits Investors Can See but Not Touch
The New York Times
“If they don’t have concrete plans for the money, which they haven’t really shown us that they have, the deferred tax liability should be right there on the balance sheet — full stop,” said Lee Sheppard, a contributing editor to Tax Notes, the definitive publication on national and global tax issues. “But companies don’t want to book the deferred tax liabilities because that would affect their share prices.”
May 12, 2015
Gov. Chris Christie Pushes for Reagan-Era Tax Rates
The Wall Street Journal
“Even though at first glance they seem fair, such proposals would be massive tax cuts for the superrich,” said Martin Sullivan, an economist at newsletter Tax Analysts.
May 5, 2015
It's the GOP vs. small biz on taxes — Tax reform working group progress reports — Michigan to decide today on tax increases — Scott Walker takes anti-tax message to Michigan
Politico Morning Tax
Tax Analysts’ Marty Sullivan does the math on Walker’s $2 billion in tax cuts.
May 1, 2015
HMRC faces legal challenge over HSBC tax amnesty
International Business Times
Lee Sheppard, an expert at Tax Analysts previously, told IBTimes: "The LDF is a wide open agreement. You can take your sleazy money away, stick it in bank in Liechtenstein and then join the agreement."
April 21, 2015
Check out Jeb’s tax record in Florida — Senate Finance to consider reviving health care tax credit — House GOP proposes cutting child tax credit
Politico Morning Tax
Marty Sullivan, in an analysis of Jeb Bush’s record as governor on taxes, says the 2016 presidential hopeful’s biggest tax cuts were reserved for investments. 
April 15, 2015
2015's States with the Best & Worst Taxpayer ROI
David Brunori was featured as an expert.
March 27, 2015
Dog Friendly Work Places!
Tax Analysts was interviewed as a follow-up to being named one of Washingtonian's 5 dog-friendly workplaces in the DC area.
March 18, 2015
Producer of Latest Bond Film Denies Mexico Changed Script
ABC News
Earlier, the website Tax Analysts said leaked emails indicated that Mexico made suggestions on the nationality of an actress and the villain, the villain's intended victim and some film shots. Implicitly, Mexico's incentives for the film were at stake, it said.
March 17, 2015
Did Sony score $20M from Mexico for new Bond film?
CBS This Morning
Among the requests reported by, Mexico asked the filmmakers to showcase "modern Mexico city buildings." It also wanted the villain character to not be Mexican, but the actress playing Bond Girl "Estrella" should be a known Mexican actress.
March 4, 2015
Tax Incentives Are Forever – Wacky Tax Wednesday
I am indebted to Tax Analysts for their excellent article on this subject, which inspired this blog.
February 20, 2015
How ISIS makes (and takes) money
Drivers who want to move through a checkpoint must hand over cash. When it's used more and more, extortion can seem to a terrified and traumatized populace as a normal tax system, Joseph Thorndike, the director of Tax Analysts' Tax History Project, wrote in Forbes.
February 18, 2015
5 Dog-Friendly Workplaces in the DC Area
Tax Analysts (Falls Church) Dogs are welcome everywhere—including into offices, where they’re usually greeted with treats—at this 180-person nonprofit that provides tax information. The company began allowing dogs in 2006.
January 23, 2015
The new hot tax debate: 529 plans — To reconcile or not to reconcile, that’s still the question — Tax reform dead? Shhh, don’t tell K Street!
Clint Stretch, senior tax policy counsel at Tax Analysts, sums it up: “You would hate to be the CEO or the corporate tax director who got to the [tax reform] party late.” Another reason they’re spending big on this: No one knows how to get into new Ways and Means Chairman Paul Ryan’s sphere of influence.
January 22, 2015
Tax Loopholes the President Left Out – for Now
The Fiscal Times
Other provisions Obama has trumpeted before, such as limiting corporations’ ability to deduct interest on debt or taxing large, publicly traded partnerships as corporations, will likely be back, says Martin Sullivan, chief economist at research firm Tax Analysts.
January 22, 2015
Tax Loopholes the President Left Out – for Now
MSN Money
Other provisions Obama has trumpeted before, such as limiting corporations’ ability to deduct interest on debt or taxing large, publicly traded partnerships as corporations, will likely be back, says Martin Sullivan, chief economist at research firm Tax Analysts.
January 21, 2015
Revamp business taxes to boost economy? Not so fast
“Corporate tax reform could definitely reduce economic growth — which is a shocker because the assumption is, understandably, that it must be good,” said Marty Sullivan, chief economist at the nonpartisan Tax Analysts.
January 11, 2015
Kansas tax cuts on trial amid huge budget deficit
CNN Money
"It's a great test case for the country," said Cara Griffith, editor in chief of news at the publisher Tax Analysts. "If I was a governor, I'd be watching very closely. Maybe the [tax-cut] package as a whole will fail, but maybe pieces of it will work."
January 5, 2015
'Miserable' tax season could be worst in years
CNN Money
"If the refund doesn't come, that's going to make them angry. This is dysfunction right in your face," said Christopher Bergin, president and publisher of Tax Analysts.
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