Don Boyd

[Don Boyd @DonBoyd12]

@GrandsonOfSamA @NearTheEdge1 @Appyg99

[Don Boyd @DonBoyd12]

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[Don Boyd @DonBoyd12]

@WeifengZhong Congratulations!

[Don Boyd @DonBoyd12]

@lucydadayan Whoa! I never tweet but just saw this. @lucydadayan, I certainly don't deserve this but truly appreciate it. It was always a great pleasure to work with you. Those were good days.

[Don Boyd @DonBoyd12]

@NetchimenRevery C

[Tax Notes @TaxNotes]

Special Report: Donald J. Boyd and @MattHJensen examine how the repeal of the #SALT cap in 2021 would affect federal revenue and the tax liabilities of taxpayers in each of the 50 states. https://t.co/E1DggXOAbF

[Don Boyd @DonBoyd12]

State-by-state impacts of raising #SALT cap to $80,000, with @MattHJensen, at AEIdeas https://t.co/6CvEJR4qUE and Bond Buyer https://t.co/dRrI7DCrzd. @RockefellerColl

[Don Boyd @DonBoyd12]

@NYSComptroller @EjmEj Congratulations, Bob! You've always had the best interests of New York at heart, and have always been super-thoughtful about what you do. Good luck in your next new endeavor, which I know will be exciting.

[Don Boyd @DonBoyd12]

@andersonfrailey @PabloMaceda @matplotlib @SpotifyPlatform Very interesting! I love Nashville Skyline, although the plots seem not as interesting as those on some other albums. Thanks!

[Don Boyd @DonBoyd12]

@realDonaldTrump Truer words never said by you.

[Don Boyd @DonBoyd12]

@andersonfrailey Sending you email

[Don Boyd @DonBoyd12]

@biggsag @OS_Mitchell @pensionsnews ...funding approach assumes, consistent with long-run historical returns. Some might object that returns aren't guaranteed and future taxpayers could be at risk, but the lottery is a long-term investor with predictable payouts. There's a model for this.

[Don Boyd @DonBoyd12]

@biggsag @OS_Mitchell @pensionsnews Solution: Instead of funding lottery annuity prizes with Treasury securities and insurance company annuities, state lottery fund should invest in a mix of equities, fixed investments, and alternatives. It could earn a much higher return - maybe 7% - than the current "safe"...

[Don Boyd @DonBoyd12]

@cate_long @luisferre Not as pessimistic as it sounds: revenue down 82% from prior forecast. Reflects # rentals less than half of prior forecast, and prices lower, too. So there is price effect and it is reduction from expected growth, not current level. But agree, revenue data needed (when avail).

[Don Boyd @DonBoyd12]

@marywalshnyt Reinsdorf, Marshall, David Lenze, and Dylan Rassier. “Bringing Actuarial Measures of Defined Benefit Pensions into the US National Accounts.” In IARIW 33rd General Conference, Rotterdam, the Netherlands, 2014. https://t.co/rEczpv79CN.

[Don Boyd @DonBoyd12]

@marywalshnyt They count benefits for the current workforce generally reflecting service rendered but taking expected salary increases into account. The entry point to this is...

[Don Boyd @DonBoyd12]

@marywalshnyt this should say "(nonexistent) uniform set of GAAP standards"

[Don Boyd @DonBoyd12]

@marywalshnyt (3) the Federal Reserve Financial Accounts of the United States do not follow some sort of (nonexistent) uniform set of standards, although they are quite cohesive and coherent, ...and

[Don Boyd @DonBoyd12]

@marywalshnyt (9) what would be found in CAFRs and actuarial values, and of course it will increase substantially at the end of 2020Q1.

[Don Boyd @DonBoyd12]

@marywalshnyt (8) and thus the most recent estimate from FRB of state-local unfunded liabilities, at year-end 2019, is $4.1 trillion, which is a good ~$2 trillion higher than...