The Tax Policy Center Newsletter
November 28, 2007
International Tax Policy Forum and
Urban-Brookings Tax Policy Center
| 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. A fundamental insight of economics is that corporations do not pay taxes; people do. The people may be capital owners who earn lower after-tax profits, consumers who pay higher prices, or workers who receive reduced wages (or some combination of the three). Expanding international trade and investment may change who ultimately pays corporate taxes and thus the distribution of the U.S. corporate tax burden.
| 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.