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jm0rt.bsky.social
on here: tax economist out there: also a tax economist, but other things too http://www.JacobMortenson.com
13 posts 187 followers 137 following
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What can your advisor do? They almost certainly can't help you with the most competitive places on your list, but they can reach out to places that may have thought you were out of reach and let them know you are gettable.
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(yes) Check out that JHR article I linked to. Covers lots of these unit of observation questions, and the ramifications for income inequality measures For ex, this probably only includes individuals who file tax returns or are claimed on tax returns as dependents, which misses about 10% of adults
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I assume it is neither, given the use of “adjusted gross income”, Presumably it is a “tax unit” davidsplinter.com/LarrimoreMor...
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Were you a boy scout? Looks like a pinewood derby car.
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The TCJA meaningfully increased the standard deduction, reducing the share of taxpayers who itemize their deductions. This reduced the use of charitable giving deductions (an itemized deduction). Han et al. find that charitable giving declined as a result: www.nber.org/papers/w32737 [4/n]
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Hi Pierce, would appreciate being added to this.
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Some of the provisions affecting multinational entities — notably GILTI and FDII — tighten or become less generous (respectively) at the end of 2025. This paper, by Smith et al., studies the effect of these provisions and other corporate tax changes in TCJA: papers.ssrn.com/sol3/papers.... [3/n]
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👋
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New theory and empirical work from @katarzynabilicka.bsky.social , Mike Devereux & İrem Güçeri on MNE profit shifting responses to domestic tax rates 🏝️⛴️⬅️💂‍♂️ www.nber.org/system/files...
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First up, one of the few papers that directly examines section 199A, the 20 percent deduction on qualified business income, which expires at the end of 2025: www.nber.org/papers/w28680 [2/n]
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Yo