Tax Chats
Taxes touch every aspect of society, including who rules, where factories are built, what people drink, what car they buy, when they have children, and when they die. Scott Dyreng (Duke) and Jeff Hoopes (UNC), two accounting professors, chat about taxes, including current events, with the energy of an over-caffeinated chihuahua. Listening is guaranteed to be far more entertaining than actually paying your taxes.
Tax Chats
Happy(?) Birthday, IRA!!!
In honor of the first birthday of the Inflation Reduction Act (IRA), Jeff and Scott discuss the major provisions of the IRA, and references the episodes they have recorded about these provisions. They discuss the green incentives and their changing estimated cost, and, the three major way the IRA was intended to pay for those incentives--a tax on adjusted financial statement income (which celebrated its first CAMT-iversary), increasing the budget at the IRS, and an excise tax on share repurchases.
They reference the following past coverage on IRA provisions on Tax Chats:
Episode 101: Transferable tax credits in the Inflation Reduction Act. A Chat with Gary Hecimovich
Episode 86: Tax Credit Markets: A Chat with Bryen Alperin
Episode 79: Taxing Stock Buybacks: A Chat with Daniel Hemel
Episode 76: How will corporations respond to the tax on book income? A chat with Todd Castagno
Episode 65: Un-Adjusting the Tax Code by Taxing Adjusted Financial Accounting Income in the Inflation Reduction Act
Episode 62: Does the IRS really have guns? Debunking some recent fear mongering
Episode 61: The Book Minimum Tax -- A Compilation of Thoughts