International Tax Policy Forum and
Urban-Brookings Tax Policy Center
Who Pays the Corporate Tax in an Open Economy?
With a Keynote Address by former U.S. Treasury Secretary, Lawrence Summers
| Date: | Tuesday, December 18, 2007, 8:30 a.m.–1:30 p.m. |
| Location: | Urban Institute, 2100 M St., NW, Washington, DC (entrance on 21st Street) 5th Floor, Katharine Graham Conference Center |
This conference considers the distribution of corporate tax burdens in open economies. It is well understood that high corporate taxes may be borne by capital owners in the form of lower after-tax profits, by consumers in the form of higher prices, or by workers in the form of reduced wages. Expanding international trade and investment may change the effects of corporate taxation, with implications for the distribution of the U.S. corporate tax burden.
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| 8:15 a.m. | Registration |
| 8:50 a.m. | Introductory Remarks John Samuels (GE) and Bill Gale (Brookings) |
| 9:00 a.m. | What do we know about who bears the corporate tax burden? Moderator: James Hines (Michigan) Presenter: Alan Auerbach (UC-Berkeley) |
| 9:45 am | How does the U.S. government distribute corporate tax burdens? Moderator: Alan Auerbach (UC-Berkeley) Presenter: Alan Viard (AEI) |
| 10:15 am | Evidence of the impact of corporate taxation on wages and profits Moderator: Glenn Hubbard (Columbia) Presenters: Mihir Desai (Harvard) and Fritz Foley (Harvard) Discussant: Kevin Hassett (AEI) |
| 11:00-11:15 | Break |
| 11:15 am | Is it time to change the way the U.S. government distributes corporate tax burdens? Moderator: Michael Graetz (Yale) Presenters: Robert Carroll (U.S. Treasury), William Gale (Brookings Institution), James Hines (Michigan) and William Randolph (CBO) |
| Noon | Luncheon |
| 12:30 pm | Keynote Address: Lawrence Summers (Harvard) |
| 1:15 pm | Adjourn |
To RSVP please register online or contact Julianna Koch at 202-261-5538 or jkoch@ui.urban.org.
