Mary Vernon

Assistant Professor of Accounting at the University of Connecticut. Teaching and Researching Tax.

[Mary Vernon @ProfMaryVernon]

Could not click on the new episode of Tax Chats fast enough seeing @MillsLil as the guest! Great episode. @JeffLHoopes @ScottDyreng

[Mary Vernon @ProfMaryVernon]

@UConn @UConnPresident @UConnAlumni - Let’s find Miss Kelly

[TODAY @TODAYshow]

There’s a nationwide search for a woman known only as “Miss Kelly.” When she was younger, Miss Kelly dreamed of being an astronaut but was rejected by NASA because she was a woman. @KerryNBC shares the story.

[Kyle Pomerleau @kpomerleau]

A good letter by @JeffLHoopes responding to the Hassett/Goodspeed Op-Ed on the TCJA.

"We need more humility when evaluating polices."

https://t.co/MlF19YPx2X

[Dan Taylor @ProfAnalytics]

🚨 HEADLINE: Insiders at Chinese and Russian US-listed companies fleecing shareholders. Trades avoid >10 billion in losses, and returns of -21% on average. New paper with R. Jackson and B. Lynch. https://t.co/0RJR6XUtfG

[Mary Vernon @ProfMaryVernon]

@ScottDyreng If you were starting your own tax system from scratch, would it include a corporate tax? Or would all entities just be flow-throughs?

[Mary Vernon @ProfMaryVernon]

@ScottDyreng Politics.

[Paul Caron @SoCalTaxProf]

.@unctaxcenter Hosts 25th Annual Tax Symposium Today And Tomorrow https://t.co/rRfxD9sdj3

@kenanflagler @umichECON @VU_Business @LehighBusiness @john_heater @DukeFuqua @BDGesq @GeorgetownLaw @prorgan @KelleySchool @Wharton @giesbusiness @WHU_edu @ProfMaryVernon @UConn

[Mary Vernon @ProfMaryVernon]

@TaxesMasses My exact thought after taking fewer than five attempts this morning.

[U.S. CBO @USCBO]

CBO’s Model for Estimating the Effect That Federal Taxes Have on Capital Income From New Investment: Working Paper 2022-01 https://t.co/GcXNVGfktx

[Jeff Hoopes @JeffLHoopes]

Happy birthday, TCJA! Its been a wild 4 years.

If you want to know what the academic evidence is on the TCJA, check this site out, where I have been accumulating TCJA-related papers: https://t.co/PvHI4Wuuqo

[Logan Graf @LoganGrafTax]

What is something that you wish you learned in high school or college?

- How payroll taxes work

[Alex Edmans @aedmans]

Better management leads to higher profits - but only in low-tax countries. In high-tax countries, better management is associated with /lower/ profits. Managers are able to shift profits from high-tax to low-tax countries. https://t.co/H9GTXbvqHp

[Mary Vernon @ProfMaryVernon]

@JeffLHoopes @RichardRubinDC Right. And I forgot that many of those firms are likely paying over the 15% minimum so it won’t be every firm over the threshold that face the tax.

[Mary Vernon @ProfMaryVernon]

@RichardRubinDC @JeffLHoopes I agree. Thanks @JeffLHoopes ! That makes me think the estimate of “roughly 200 companies” seems… low.

[Mary Vernon @ProfMaryVernon]

@JeffLHoopes @RichardRubinDC But the interesting difference is that the M-3 is just a filing requirement not an actual tax on a specific set of firms. It just seems from this document that the target is public only but I can’t confirm that anywhere https://t.co/c4ywd6Lf98

[Judith Freedman @JudithFreedman]

Congress Should Listen to the Right Experts—Taxing Book Income is a Bad Idea – UNC Tax Center ‘The financial accounting version of income was never meant to be taxed’ ⁦ Nice comment by ⁦@JeffLHoopes⁩ https://t.co/mxHo27LfQw

[Mary Vernon @ProfMaryVernon]

Super interesting episode from @ScottDyreng and @JeffLHoopes about scoring tax bills. Check it out on Tax Chats. https://t.co/83rxVeRJKm

[Scott Dyreng @ScottDyreng]

Interesting opinion here, but many of the assertions do not match the data. See below for examples. https://t.co/0l6g8XNbOB

[Kelly Phillips Erb @taxgirl]

The Build Back Better #reconciliation bill includes a number of #green energy & environmental justice provisions. In our @tax Insights, @coachbuckethead & Dan Kowalski say the new spending is subject to existing budget rules, including sequestration. #tax
https://t.co/IhPngII563