NATIONAL TAX ASSOCIATION
2003 SPRING SYMPOSIUM
May 29-30
2003
Holiday Inn Capitol, Washington, DC
Preliminary Program
ALL SESSIONS IN THE COLUMBIA BALLROOM
08:45 PM |
WELCOME |
|
| 9:00 am-10:30 am | MACROECONOMIC EFFECTS OF TAX AND FISCAL POLICY | |
| Moderator
|
Leonard E. Burman, The Urban Institute | |
| Presenters: | John W. Diamond and Pamela Moomau, Joint Committee on Taxation—Issues in Analyzing the Macroeconomic Effects of Tax Policy Discussant: Eric M. Engen, American Enterprise Institute Kent Smetters, The Wharton
School, University of Pennsylvania—The $43 Trillion Hole (and Growing) William G. Gale and Peter R. Orszag, The Brookings Institution—The
Economic Effects of Fiscal Discipline |
|
| 10:45
am:-12:15 PM
|
BUSINESS ISSUES | |
| Moderator
|
Randall E. Weiss, Deloitte & Touche | |
| Presenters: | James R. Hines, Jr., University of Michigan—Evaluating International Tax Reform Laura Clauser, Office of Tax Analysis, U.S. Treasury Department—Allocation of Income from Intangibles: New Rules under Section 482 Gene Amromin and Nellie Liang, Federal Reserve Board of Governors—Employee Stock Options, Capital Structure, and Tax Benefits Discussants: Randall E. Weiss TBA
|
|
| 12:30
pm - 2 pm
|
LUNCHEON
DISCOVERY BALLROOM |
|
| Presiding: Gary C. Cornia, President, National Tax Association Speaker: Douglas J. Holtz-Eakin, Director, Congressional Budget Office |
||
| 2:00 pm-3:30 pm
|
STATE AND LOCAL DEFICITS IN 2003 AND BEYOND: CAUSES AND COPING STRATEGIES | |
| Moderator:
|
Dennis Zimmerman, Congressional Budget Office | |
| Presentations: | Mihir A. Desai, Harvard University; and James R. Hines Jr., University of
Michigan—Inversions: When American Corporations Become Foreign Corporations
Discussant: Peter Merrill, PricewaterhouseCoopers Austan Goolsbee,
University of Chicago; and Edward L. Maydew,
University of North Carolina—The Gains and Losses from Changing the Organizational
Form of Corporate Assets: The Case of REITs
Discussant: Christopher Mayer,
University of Pennsylvania Kevin A. Hassett,
American Enterprise Institute—Business Investment and Accelerated Depreciation: What
to Expect after 2002 |
|
| 4:15-5:30 PM | RECEPTION -- DISCOVERY BALLROOM
|
|
Registration 8:00 AM - Noon
Columbia Ballroom
Foyer
ALL SESSIONS IN
COLUMBIA BALLROOM
| 9:00-10:30 AM |
PUBLIC
FINANCE IN A FEDERAL SYSTEM
|
|
| Moderator | Brian G. Knight,
Federal Reserve Board of Governors
|
|
| Presenters: | Nora Gordon, Harvard University—Do Federal
Grants Boost School Spending? Evidence from Title I
Discussant: Katherine Baicker, Dartmouth College Robert
Tannenwald, Federal Reserve Bank of Boston—Are State and Local Revenue Systems
Becoming Obsolete?
Discussant: Laura Rubin, Federal Reserve Board of Governors William F. Fox, University of Tennessee Knoxville,
and LeAnnLuna, University of North
Carolina-Wilmington—The Trend in State Corporate Tax Revenues and Tax Minimization
Schemes Discussant: Dan R. Bucks, Multistate Tax Commission |
|
10:30-10:45 AM
|
Coffee Break | |
| 10:45
AM – 12:15 PM
|
TAX COMPLEXITY AND THE LEGACY OF 2001 | |
| Moderator:
|
William G. Gale, The Brookings Institution
|
|
| Presenters: | Albert J. Davis, U.S.
House of Representatives, Committee on Ways and Means—Choice Complexity in Tax
Subsidies for Higher Education Discussant: Peter
R. Orszag, The Brookings Institution Paul Smith, Office of
Tax Analysis, U.S. Treasury Department—Complexity in Retirement Saving Choices Discussant: Gary
Engelhardt, Syracuse University Leonard E. Burman,
The Urban Institute; William G. Gale, The
Brookings Institution, and Jeff Rohaly, The Urban Institute—The Individual AMT:
Problems and Potential Solutions Disussant: Daniel Shaviro, School of Law, New York University
|
|
| 12:30-2:00 PM | LUNCHEON -- DISCOVERY BALLROOM
|
|
| Presiding | Presiding: C. Eugene Steuerle, President, National Tax
Association Speaker: R. Glenn Hubbard, Chairman, Council of Economic Advisers
|
|
| 2:00-3:30
PM
|
PUBLIC AND PRIVATE PENSIONS: INCENTIVES, MOTIVATIONS AND RISKS | |
| Moderator | Julia Lynn Coronado, Federal Reserve Board of
Governors
|
|
| Presenters | Amy Rehder Harris and John Sabelhaus, Congressional Budget
Office—OAI Benefit Uncertainty under Individual Investment Alternatives Discussant: Joyce
Manchester, Social Security Administration Karen M. Pence,
Federal Reserve Board of Governors—Nature or Nurture: Why Do 401(k) Participants Save
Differently than Other Workers? Discussant: Leonard
E. Burman, The Urban Institute Gary V. Engelhardt and Christopher R.
Cunningham, Syracuse University—Federal Tax Policy and the Dynamics of 401(k)
Saving: Evidence from HRS W-2 Records Discussant: Paul Smith, Office of Tax Analysis, U.S. Treasury Department |
|
| 3:30-3:45
PM
|
COFFEE BREAK | |
| 3:45-5:15 PM |
INSURING
TERRORISM RISK
|
|
| Moderator | David Torregrossa, Congressional Budget Office | |
| Presenters | Debra
Ballen, American Insurance Association—An Industry Perspective on the Need for a
Federal Backstop
Discussant: Kenneth S. Levinson, KPMG Jeffrey
R. Brown, Council of Economic Advisers and University of Illinois at Urbana-Champaign;
Randall S. Kroszner, Council of Economic
Advisers and University of Chicago; and Brian Jenn, Council of Economic
Advisers—Federal Terrorism Risk Insurance
Discussant: Peter Wallison, American Enterprise Institute Eric M.
Engen, American Enterprise Institute—Principles for Federal Insurance of
Terrorism Risk Discussant: Peter R. Orszag, Brookings Institution |
|
Eric M. Engen, American Enterprise Institute
William G. Gale, The Brookings Institution
Amy Rehder Harris, Congressional Budget Office
James R. Hines, Jr., University of Michigan
Brian G. Knight, Federal Reserve Board
Diane Lim Rogers, Joint Economic Committee, Democratic Staff