Vasujith Ram

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[Vasujith Ram @Vasujith_Ram]

‘Harry. Stay Awake.’ Supreme Court Justices Caught Passing Notes. https://t.co/v4MpqCRNo4

[Richard Rubin @RichardRubinDC]

New from me: Democrats eager to get more revenue from the super-rich are increasingly looking beyond the constraints of today's income tax.

Here's a closer look at what they see as shortcomings of the current system and the main options on the table:

https://t.co/b2iXua0jAX

[Matt Levine @matt_levine]

The proverbial egg has not only been scrambled, but eaten and digested by this newsletter long ago. https://t.co/6L9wQLl9M8

[Jesse Fried @jessefried]

Great @washingtonpost editorial on buybacks, highlighting my work with Charlie Wang of HBS. @ProfBainbridge @stevendsolomon @jciv @aedmans @tylercowen
https://t.co/0g0f4XEr9Q

[Daniel Hemel @DanielJHemel]

The problem w/buybacks isn't that corporations are distributing too much cash; it's that shareholders can too easily avoid tax on distributions. It's a problem that tax scholars have known for 50 years how to fix. Now there might be the political will.
https://t.co/1KSRvaBI9X.

[menaka doshi @menakadoshi]

@gautambhatia88 Yes from a competition perspective. But the FDI Policy curbs apply only to marketplaces with foreign investment. Not to domestically owned market places.

[menaka doshi @menakadoshi]

@gautambhatia88 This structural separation argument is not new. And neither is it uniformly applied. Google is classic example wordwide. In India Jio is another. It's a carrier and a content provide and a commerce enabler.
FDI Policy has rarely been guided by such deep thinking.

[Daniel Hemel @DanielJHemel]

Layer on top of these political lessons an important tax policy point: We know how to impose a comprehensive capital income tax. It would entail mark-to-market for liquid assets + a retrospective capital gains tax on illiquid assets (https://t.co/sVvkM9knt6)

[Arpan Chaturvedi @arpanc_]

Supreme Court to pronounce judgement on petitons challenging the constitutional validity of the Insolvency and Bankruptcy Code tomorrow. The judgement will be pronounced by the bench of Justice Rohinton Nariman and Justice Vineet Saran
#IBCCode

[Vasujith Ram @Vasujith_Ram]

Also, age-based restrictions can be seen as a barrier against political dynasties: https://t.co/P8hVGzT0fm

On the other hand, the counter is that it should be left to the voters to judge whether the candidate possesses sufficient maturity and merit.

[Gautam Bhatia @gautambhatia88]

Objection A: Will you also get rid of age-based restrictions?

Answer: No, because the logic of an age restriction is entirely different. We agree that participation in democratic politics requires a degree of *mental maturity* that is a function of age. (11/n)

[Vasujith Ram @Vasujith_Ram]

The global hunt to tax Big Tech https://t.co/nl6C6fe8y6 via @financialtimes

[Vasujith Ram @Vasujith_Ram]

My piece for Tax Notes: Contextualizing the History of Subpart F https://t.co/qSgOeBmSR4

[Vasujith Ram @Vasujith_Ram]

@mathewspgeorge Hi @mathewspgeorge - I have sent a DM

[Daniel Hemel @DanielJHemel]

As long as the US tax rate is higher than the tax rate in foreign jurisdictions where multinationals hold their un-repatriated profits, there is still a tax advantage in delaying repatriation. Cf. https://t.co/ANIPhugYi4. TCJA didn’t change that fact

[MindyHerzfeld @InternationlTax]

https://t.co/nb0LDUYWvJ

[Rebecca Morrow @ProfRMorrow]

I posted Noncompetes as Tax Evasion on SSRN: https://t.co/JCQ6JKvX2L. Forthcoming in @WashULRev, it argues employers have run amok in their excessive and damaging use of employment noncompetes and contract-law-based responses have failed to restrain them. Tax law to the rescue!

[Jennifer Epstein @jeneps]

Trump tells @business he’s considering indexing capital gains to inflation, which would be a tax cut for investors https://t.co/OgzUipfT3S

[Richard Rubin @RichardRubinDC]

SALT regs are out! Here's my story:

https://t.co/nVLcirbAHt via @WSJ