Tax Policy Center

Events

09/20
Thursday September 20, 2018
12:30pm to 2:30pm EDT
Urban Institute
2100 M Street NW, 5th Floor
Washington, DC 20037
Conference

Costs and Benefits of Tax Regulations: Exploring Treasury's and OMB’s New Responsibilities

Timing Breakdown:

Introduction - 30:00

Speaker Presentations - 35:00

Panel Discussion - 1:22:25

Audience Q&A - 1:54:30

Recently, the Treasury Department and the Office of Management and Budget (OMB) agreed that OMB would review tax regulations before release. The OMB Office of Information and Regulatory Affairs routinely does this type of review for other regulations, but this is new for most tax regulations. The memorandum of agreement stipulates that Treasury will prepare a cost-benefit analysis of any regulation projected to have an annual nonrevenue effect on the economy of $100 million or more. Our panel will discuss how Treasury should do the cost-benefit analyses and the implications of this set of activities.

Speakers include:

  • Susan Dudley, Director, Regulatory Studies Center and Distinguished Professor, George Washington University; Former Administrator, Office of Information and Regulatory Affairs, Office of Management and Budget @SusanEDudley
  • Chye-Ching Huang, Director of Federal Fiscal Policy, Center on Budget and Policy Priorities @dashching
  • Greg Leiserson, Director of Tax Policy and Senior Economist, Washington Center for Equitable Growth @gregleiserson
  • Mark Mazur, Robert C. Pozen Director, Urban-Brookings Tax Policy Center @TaxPolicyCenter
  • David Weisbach, Walter J. Blum Professor of Law and Senior Fellow, Computation Institute of the University of Chicago and Argonne National Laboratory @UChicagoLaw

Event materials:

Background materials:

For inquries regarding this event, please email events@urban.org.

Image attribution: Jacquelyn Martin, File/AP Photo

Featured Speakers

Mark J. Mazur

Robert C. Pozen Director, Tax Policy Center