This is a bad idea!

My American Enterprise Institute colleague @Ben_Ippolito gave congressional testimony yesterday on the budgetary effects of health care consolidation.

Link: aei.org/wp-content/upl…

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New JCT table type alert
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jct.gov/publications/2…

Tax scoop from Jake Sherman in Midday - Speaker Johnson hired W&M Chief Tax Counsel Derek Theurer to be his senior policy adviser

Big tax hire with the 2025 sunset of much of the Trump tax cuts coming up

TCJA 2025 update:

I actually tell reporters sometimes that if your tweets are going mega-viral, that's often a bad sign

I think this is going to take more than 100 days.

HAPPENING NOW:

AEI's Benedic Ippolito testifying before the House Budget Committee on 'Examining the Budgetary Effects of Health Care Consolidation.'

Tune into the live testimony here:
youtu.be/-yrNXhLtQGw

Lots of 2025 tax news in today’s PM edition -

Big event tomorrow. Attend if you can! taxfoundation.org/event/tax-cuts…

Which one are we on today?

True parity is not really possible under the current system of two distinct business taxes. To solve we need to standardize business taxation.

That said, I think 199A makes things worse, not better.

~PERSONAL NEWS~ Today is my first day as a congressional reporter for The Washington Times (The Washington Times).

Please add me to your press lists: [email protected]

I look forward to being back on the hill and (re)connecting with everyone. Feel free to reach out!

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We’ve been working on this event for over a year, w some fantastic papers being presented

Hope you can join us, either live or online

Complexities, Discontinuities, and Unintended Consequences of US International Tax Rules: Options for Change | AEI aei.org/events/complex…

Temporary corp rate cut also would have violated Byrd rule. JCT scores it as reducing revenue outside the budget window.

A short blog post by me on Jared Bernstein, MMT, and fighting inflation
aei.org/economics/jare…

All of the movies I have seen at the theater are tied for first with one viewing.

The Biden administration announced today that it will enact 100% tariffs on EV imports from China.

This protectionist measure is similar to implementing the Buy American rules in the IRA, which would delay the U.S.'s decarbonization progress.
niskanencenter.org/buy-american-w…

I guess it is worth reminding everyone that the blue line includes profits that are subject to the individual income tax, not the corporate income tax.