49th Annual Spring Symposium Program

WELCOME AND INTRODUCTION

Andrew Lyon, President, National Tax Association

UNCERTAINTY (A Panel Discussion)

Organizer: Kyle Pomerleau, Tax Foundation
Moderator: Richard Rubin, The Wall Street Journal
Panelists:
Jennifer Blouin, The Wharton School, University of Pennsylvania
Chye-Ching Huang, Center on Budget and Policy Priorities
Jeff Wrase, Senate Finance Committee

UNFUNDED RETIREMENT LIABILITIES

Organizer: Jean-Pierre Aubry, Center for Retirement Research at Boston College
Moderator: Ranjana Madhusudhan, New Jersey Department of the Treasury

Will Pensions and OPEBs Break State and Local Budgets An Update (SLIDES)

Jean-Pierre Aubry, Center for Retirement Research at Boston College

How to Pay for Social Security’s Missing Trust Fund(SLIDES)
Geoffrey Sanzenbacher, Center for Retirement Research at Boston College

The Public Finance of State and Local Pension Sustainability
Jamie Lenney, Bank of England, Byron Lutz, Board of Governors of the Federal Reserve System, and Louise Sheiner, Brookings Institution

Discussant: Richard Johnson, Urban Institute

LUNCHEON

Speaker: Lael Brainard, Member of the Board of Governors of the Federal Reserve System
Presentation of Davie-Davis Award for Public Service

TCJA’S INTERNATIONAL PROVISIONS—REFLECTIONS ON THE FIRST YEAR

Organizer: George Plesko, University of Connecticut (for the American Tax Policy Institute)
Moderator: Mindy Herzfeld, University of Florida

Has TCJA Changed the Geometry of International Tax Planning A Riff on Circles, Squares, and Triangles (SLIDES)
Michael Donohoe, University of Illinois at Urbana-Champaign, Gary McGill, University of Florida, and Edmund Outslay, Michigan State University

Discussants:

Observations on Tax Reform & Markets (SLIDES)

Todd Castagno, Morgan Stanley

TCJA International Provisions – Reflections on the First Year (SLIDES)

David Noren, McDermott Will & Emery LLP

OVERLAPPING GENERATIONS MODEL ROUNDTABLE MODEL COMPARISONS FROM A STYLIZED SOCIAL SECURITY EXPERIMENT (SLIDES)

Organizer: James Mackie, Ernst & Young LLP
Moderator: Larry Kotlikoff, Boston University
Summary of Results: Kerk Phillips, Congressional Budget Office
Panelists:
Seth Benzell, Boston University
John Diamond, Rice University
Richard Evans, University of Chicago
Jagadeesh Gokhale, Penn Wharton Budget Model
Rachel Moore, Joint Committee on Taxation
Brandon Pizzola, Ernst & Young LLP

ALTERNATIVE REVENUE SOURCES AND SIN TAXES

Organizer: Dennis Zimmerman, American Tax Policy Institute (for the American Tax Policy Institute)
Moderator: Roberta Mann, University of Oregon Law School

Using Climate Policy To Address Inequality Rethinking the Green New Deal (SLIDES)
Aparna Mathur, American Enterprise Institute

States Growing Dependence on Sin Taxes (SLIDES)
Richard Auxier and Lucy Dadayan, Urban-Brookings Tax Policy Center

Wealth Taxation and Policy Uncertainty (SLIDES)
Daniel Hemel, University of Chicago Law School

Discussants:
Len Burman, Urban-Brookings Tax Policy Center
Norton Francis, Director of Revenue Estimation, DC Office of the Chief Financial Officer

Wealth Taxation and Policy Uncertainty(Comments)

Jason Oh, UCLA School of Law

STATE AND LOCAL SALES TAXES IN THE POST-WAYFAIR ERA

Organizers: John Mikesell and Justin Ross, Indiana University
Moderator: Joseph Cordes, George Washington University

The Barriers Created by Complexity A State-by-State Analysis of Local Sales Tax Laws in Light of the Wayfair Ruling(SLIDES)
Whitney Afonso, University of North Carolina

How Wayfair Changed Everything But Also Nothing (SLIDES)

Jared Walczak, Tax Foundation

After Wayfair What are State Use Taxes Worth (SLIDES)

After Wayfair what are State Use Taxes Worth (PAPER)

John Mikesell and Justin Ross, Indiana University

The Pennsylvania Experience After Wayfair
Amy Gill, Pennsylvania Department of Revenue

Discussants:
Ranjana Madhusudhan, New Jersey Department of Treasury
After Wayfair What are State Use Taxes Worth-Discussion

Felipe Lozano-Rojas, Indiana University

LUNCHEON

Speaker: Dana Trier, Davis Polk & Wardwell

DIGITAL TAXES

Organizer: Itai Grinberg, Georgetown University Law Center
Moderator: Itai Grinberg, Georgetown University Law Center

Recent Developments in Digital Services Taxes The UK Debate (SLIDES)
John Vella, Oxford University

The Superiority of the Digital Services Tax to Significant Digital Presence Proposals (SLIDES)
Wei Cui, University of British Columbia

Superiority of the VAT to Turnover Tax as an Indirect Tax on Digital Services (SLIDES)

Superiority of the VAT to Turnover Tax as an Indirect Tax on Digital Services (Paper)

Karl Russo, PricewaterhouseCoopers LLP

What Do We Know About Global Residual Profit Allocation – A First Assessment of its Efficiency and Revenue Impact (SLIDES)
Sebastian Beer, Ruud de Mooij, Shafik Hebous, Michael Keen, and Li Liu, International Monetary Fund