David Herzig (@professortax) 's Twitter Profile
David Herzig

@professortax

VP @friedkingroup. Former Principal @EY_Tax. Recovering Law Professor. Bylines: @nytimes, @wsj, @washingtonpost, and @slate | @Forbes Contributor. Views mine.

ID: 43416014

linkhttps://www.ey.com/en_us/people/david-herzig calendar_today29-05-2009 21:40:28

14,14K Tweet

3,3K Followers

963 Following

Marc Goldwein (@marcgoldwein) 's Twitter Profile Photo

🧵𝐖𝐨𝐧𝐤-𝐓𝐡𝐫𝐞𝐚𝐝🧵 With interest rates at a 16-year high and surging, it’s a good time to talk what 𝐑 𝐯𝐞𝐫𝐬𝐮𝐬 𝐆 means for debt dynamics. In summary: ⦿ 𝐑<𝐆 improves debt sustainability ⦿ 𝐑<𝐆 doesn't guarantee sustainability ⦿ 𝐑>𝐆 now, so that's bad! 🧵

David Herzig (@professortax) 's Twitter Profile Photo

The idea that the IRS or DOJ does not have the bandwidth to contact taxpayers whose information was stolen and released is kind of crazy. The IRS literally contacts thousands of taxpayers daily. cnn.com/2023/10/04/pol…

David Herzig (@professortax) 's Twitter Profile Photo

In Lincoln Park. Help break that 107 drought. Now that I am in Dallas, I’ve broken the Texas drought. Cleveland Guardians, Milwaukee Brewers, San Diego Padres my services are up for bid. FWIW, I lived in Miami when the Marlins won.

David Herzig (@professortax) 's Twitter Profile Photo

So how is this different than the accumulated earnings tax? There already exists a regime designed for this exact problem. Congress has decided unnecessarily retained earnings will be deemed to be subject to dividend taxation.

David Herzig (@professortax) 's Twitter Profile Photo

There is zero chance I believe any economic modeling can “remove the effects of the pandemic” and have statistically significant results.

David Herzig (@professortax) 's Twitter Profile Photo

I’m not sure why editorial boards should be endorsing candidates. If newspapers are supposed to report the news in an unbiased way, then they shouldn’t be endorsing candidates. Endorsing gives the appearance that the paper is reporting more favorably for one candidate.

David Herzig (@professortax) 's Twitter Profile Photo

This is just lazy. Kamala raised $1b (billion with a B). This $175m is a drop in the bucket. I thought I was reading ⁦NYTPitchbot⁩ Trump’s Victory Is a Major Win for ⁦Elon Musk⁩ Musk and Big-Money Politics - The New York Times nytimes.com/2024/11/06/us/…

David Herzig (@professortax) 's Twitter Profile Photo

Well, Elon Musk and I are worth a combined $300b also. You know the says statics never lie but liars use statistics. This tweet is the poster child..