Review
Right out of the blocks, Decoding the U.S. Corporate Tax by Daniel Shaviro is the indispensable guide to this most complex and politically divisive tax. It addresses the key issues with sophisticated economic and legal reasoning and a keen knowledge of how the world really works, yet makes its points clearly--and often amusingly--with a minimum of jargon. Start here to understand where corporate tax policy should head in a world marked by increasing globalization and financial innovation, and where it probably will end up instead. --Joel Slemrod, Paul W. McCracken Collegiate Professor of Business Economics and Public Policy, Professor of Economics, and Director, Office of Tax Policy Research, University of Michigan
Decoding the U.S. Corporate Tax is a concise and clearly written review of the corporate tax structure and its economic and distributional consequences. The book covers perennial issues (such as corporate integration) as well as issues raised by the recent increases in capital mobility, new views on the incidence of corporate tax, the interaction of the corporate tax and corporate governance, and more. Reform of the corporate tax will be central to any significant long-term reform of our tax system. Shaviro provides a roadmap. --David A. Weisbach, Walter J. Blum Professor of Law, The University of Chicago Law School
Dan Shaviro is a giant in the tax community because his analysis is always novel and always convincing. He knows that to develop a smarter and more efficient code, we must fully understand the code we have and why it emerged. Yes, the tax code is a horrific and comical mess, but a mess that has often been made for practical reasons. Decoding the U.S. Corporate Tax is a priceless addition to the literature and just cause for optimism--the hard work of fixing the tax code just got a lot easier. --Kevin A. Hassett, Director of Economic Policy Studies, The American Enterprise Institute
About the Author
Daniel N. Shaviro is the Wayne Perry Professor of Taxation at New York University Law School. Before teaching law, he practiced at Caplin & Drysdale, a leading tax specialty firm, and served with the Joint Congressional Committee on Taxation, where he worked on the Tax Reform Act of 1986. In 1987, Shaviro began teaching at the University of Chicago Law School; in 1995, he moved to New York University. Shaviro's previous books include Taxes, Spending, and the U.S. Government's March toward Bankruptcy (2006), Who Should Pay for Medicare? (2004), Making Sense of Social Security Reform (2000), When Rules Change: An Economic and Political Analysis of Transition Relief and Retroactivity (2000), and Do Deficits Matter? (1997).