Bob Sutton: Why the private sector doesn’t have all the solutions

Kurt Vonnegut was right.  It is often more constructive to tell yourself "I have enough" than to keep asking how you can get more and more and more. I don't believe that people who die with the most money, fancy stuff, power, or prestige win the game of life.
15 Things I Believe: Updated Late 2018. I updated my personal manifesto for the new @stanford academic year. I would love your feedback. (Hat Tip BC)

Believe in something, even if it means sacrificing everything. #JustDoItpic.twitter.com/SRWkMIDdaO— Colin Kaepernick (@Kaepernick7) September 3, 2018

ABC staff bemused by Utopia-like 'Larry cards'
"Management says thank you cards should be used to improve morale – but staff say they are being treated like toddlers." (The Guardian)

Aussie corporates in govt cyber war games named
"Public vs private in Operation Shell Breaker." (iTnews)

How America killed transit
"Streetcar, bus, and metro systems have been ignoring one lesson for 100 years: Service drives demand." (CityLab)

The state still matters: Why the private sector doesn’t have all the solutions

Money Laundering: Danish bank scandal grows to 'gigantic' proportions 

ING fined €775m for lax crime prevention 

Ariel Jurow Kleiman (San Diego), Low-End Regressivity, 72 Tax L. Rev. ___ (2018):

The earned income tax credit and the child tax credit lift millions of families out of poverty each year, and are found to increase employment and improve health and education outcomes among recipients. Supporters of these programs also ascribe them with reducing average tax burdens for low-income taxpayers and increasing the progressivity of the tax and fiscal system. Although these results are broadly true, expanding the analysis to include those disadvantaged by the programs’ design reveals a more complex story. This Article highlights how structural features of these tax benefits create a distribution of taxes and transfers that disadvantages childless workers and families in deep poverty relative to better-off poor and middle-class families. As a result, relatively poorer taxpayers face higher average tax rates compared to better-off households, a phenomenon this Article defines as “low-end regressivity.”

Lesson From The Tax Court: The Common Law Of Tax

I tell my students you can often see how a court opinion will go by the opening line.  In the recent case of Pacific Management Group, BSC Leasing, Inc., Tax Matters Partner, Et. al v. Commissioner, T.C. Memo. 2018-131 (Aug. 20, 2018), the first sentence signals that the opinion will not end well for the taxpayers.  In that sentence Judge Lauber calls their carefully calibrated ballet-like choreographed set of structured transactions a “scheme.”  Darn.




Sex, Drugs, and Rock 'N' Roll: Some Observations Of Life On A Trial Team


BOB SUTTON: 15 Things I Believe: Updated Late 2018l by Bob Sutton | Pulse | LinkedIn

15 Things I Believe

Back in black: taskforce combats the black economy | INTHEBLACK

Available on amazon:  Transfer Pricing: The Game:

Card game for both fun and training purposes related to the exciting fields of Transfer Pricing, Dispute Resolution and Value Chain Analysis.

Michael Hatfield(U. Washington) presents Cybersecurity and Tax Reform, 93 Ind. L.J. ___ (2018) (reviewed by Diane Ring (Boston College) here), at the 27th Tax Research Network Conference today at the University of Birmingham, England