We could never learn to be brave and patient, if there were only joy in the world.
Author, lecturer, and disability rights advocate Helen Keller wrote these words in a letter to a friend in 1890. But the person to whom she’s really directing this insight is her younger self. In the letter, she reflects on becoming deaf and blind at 19 months old. She recalls feelings of deprivation and isolation, believing that “everybody [else] was always happy.” With perspective, however, she grew to appreciate the benefits that came with surviving hardships. In this quote, she highlights bravery and patience — two undeniably remarkable virtues — but leaves out the underlying reason for her bravery and patience in the first place: hope, her ability to find light where there was none; to see in the dark
David R. Agrawal (Kentucky) & Weihua Zhao (Louisville), Taxing Uber:Transportation network companies (TNCs) such as Uber and Lyft create new challenges for local governments that provide public transit services, but they also create new opportunities to raise tax revenue. To shed light on the effect of taxing Uber, we construct a pseudo-monocentric city model to include multiple endogenously chosen transportation modes, including ride-hailing applications. In addition to trips to downtown, we also allow for idiosyncratic short trips for leisure purposes. We show that most tax and spending programs that cities have currently adopted only mildly increase transit usage. However, our model predicts significant increases in public transit ridership when TNCs are subsidized as a "last-mile" service
Chris Edwards (Cato Institute), Corporate Taxes: Rates Down, Revenues Up:
Alice Guerra (Bologna, Google Scholar) & Brooke Harrington (Dartmouth, Google Scholar), Regional Variation in Tax Compliance and the Role of Culture:
By Robert E. Holtfreter, Ph.D., CFE
Learn how Financial Times journalist Dan McCrum investigated and exposed criminal actions at Wirecard
The IRS has a new web page titled “Impacting the Tax Gap” here. The page is a summary of Commissioner Rettig’s comments which are set forth in a linked pdf here. Commissioner Rettig’s comments are excellent. Highly recommended.
I will cut and paste the comments I think most relevant to readers of this Federal Tax Crimes Blog (footnotes omitted; I stated the categories of the report but only include the text under the category relevant to criminal matters so some comments will not be included; I do not state the page numbers but searching the pdf can get the pages):
Research on high wealth noncompliance
Several RAAS researchers recently participated in a study published by the National Bureau of Economic Research (NBER) entitled “Tax Evasion at the Top of the Income Distribution: Theory and Evidence.” This study examined tax evasion at the highest income levels and estimated that the top 1 percent of Americans hide more than 20 percent of their income from the IRS. With more, specialized, and targeted enforcement resources, the IRS could significantly reduce the income tax gap for the top 1% and collect another $175 billion of taxes annually.