Richard Rubin @RichardRubinDC
I cover U.S. tax policy for the @WSJ. There is ALWAYS a tax angle. Retweets are not endorsements or tax advice. wsj.com/news/author/ri… Washington, DC Joined December 2010-
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.@LisaDNews sits down with @RichardRubinDC to compare and contrast how President Joe Biden and former President Donald Trump would handle tax policy.
President Biden’s attempt to shield the middle class from tax increases gets complex as more households make over $400,000 on.wsj.com/49zCZux on.wsj.com/49zCZux
Backers of a stalled tax bill tried to use Monday’s tax-filing deadline to spur the Senate into action. It didn’t work. on.wsj.com/49CjscT
The latest from me - With a bill that would revive expired tax breaks for research and development stalled in the Senate, executives are taking a close look at R&D investments wsj.com/articles/compa… via @WSJ
My latest, just in time for April 15: I messed up on my taxes, How long does the IRS have to find me? wsj.com/personal-finan…
Bill Cassidy outside the Capitol giving a visiting group advice on lobbying congressional staff and maximizing your 15 minutes by speaking quickly: “Be like you’re from New Jersey.” #JerseyForever
New from me: Treasury Softens Stock Buyback Tax Hit on Foreign Companies wsj.com/livecoverage/s… via @WSJ
Schumer says he wants to put the House tax deal on the Senate floor but says senators are working to shore up support, an indication that they are short of 60 “I’m all for the package if there are enough votes to move it forward”
Where we are on the OECD tax pillars: The agenda for an international tax law conference at Georgetown today includes a full-page “acronym cheat sheet” of 39 terms and abbreviations. From LCJs to LTCE to POPE to FANIL.
“We don’t want to be overly dependent and they want to dominate the market,” said Treasury Secretary Janet Yellen ahead of her trip to China. “We’re not going to let that happen.” wsj.com/politics/polic…
The IRS finally has brand-new, totally free tax-filing software for you. But not everyone’s excited about it. @voxdotcom's @dylanmatt and @WSJ's @RichardRubinDC explain. open.spotify.com/episode/3clrpX…
New Q&A from me: Want to help a child or grandchild with a loan to buy a house? It's a great way to beat high mortgage rates -- but you need to follow the tax rules. Thank goodness they aren't too onerous. wsj.com/personal-finan…
That was awful awful but DJ Burns now ranks right up there with Vince Carter as thoroughly enjoyable Duke nemeses. Respect for that guy.
My tribute to Danny Kahneman. wsj.com/finance/invest…
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1K Followers 966 Following @VotebeatUS editor in chief. Previously Slate, Washington Post and Washingtonian magazine. Sulzberger fellow. University of Nebraska alum.Really interesting comments from Mullin to @LauraEWeiss16 on the House-passed bipartisan tax bill. If Democrats keep control of the Senate, that would likely also make it difficult for Senate Rs to get what they want in 2025. (Even if they lost it, there's still the filibuster.)
I'm one of the people who was laid off in the latest round of WSJ job cuts. And honestly, I'm so happy and grateful. I love that I got to work at the Wall Street Journal. I got to write front-page news stories, host a podcast, create a Youtube channel and make a rap video.
Professional news: I’m joining @business in a few weeks to cover the Federal Reserve and U.S. economy. I’m grateful to get back to reporting at this important time for the economy, and in a newsroom that’s already made me valued and welcome. 🧵
@RichardRubinDC Totally agree on the importance of the investment channel. The debate has emphasized that too little. bloomberg.com/view/articles/…
LOLWUT!?!?!? youtu.be/L9uNGA1FsK4?si…
@RichardRubinDC I will be watching closely. Unreimbursed Employee Business Expenses were big time deductions for athletes before the law changed. Agent fees, union dues, training costs, temporary living expenses, etc.
I guess all progressive wonks are going to do in 2025 is bat down “nominal revenue went up after the tax cut so it paid for itself neener neener neener” aren’t we?
In addition to the difficulties of measuring impacts of TCJA post-pandemic, it's also very tricky/easy to use nominal dollar figures to make claims about overall receipts climbing post-TCJA -- but a bunch of that is inflation.
@RichardRubinDC QBI is very helpful for small business owners.
My OJ memory: I was at the Knicks/Rockets Game 5 at the Garden during the white Bronco chase. So I'm one of the very few people who saw the entirety of that game. 1/
Every day of this Congress is like reading Shohei Ohtani coverage, where they've just pulled off some record nobody has seen since 1898
Just to put this in perspective, seven failed House rule votes is the most since 1973-74, the 93rd Congress, per congress.gov
I’d like to briefly interrupt my retweets to announce the launch of @Pinpoint_Policy and to note that I’ll be serving as executive director. Looking forward to promoting pro-growth policy and having some fun along the way! pinpointpolicyinstitute.org/news/2024/04/p…
@RichardRubinDC @AlanMCole "I would love to start a new Great Wonder of the World, but I've already run one filibuster-proof resolution with a budgetary impact this year, and have to wait till after the midterms for another whack at it."
@RichardRubinDC As a former Cong aide, including being CoS for a NJ member, and then Global Head of GR for JPM I always told people who worked for me to leave behind a one pager. Sometimes I would see a 2 or 3 page draft and I would say what is it about a one pager you don’t understand.
Evergreen life advice really.
Bill Cassidy outside the Capitol giving a visiting group advice on lobbying congressional staff and maximizing your 15 minutes by speaking quickly: “Be like you’re from New Jersey.” #JerseyForever
@RichardRubinDC @mattyglesias That's amazing targeting, juxtaposing your journalism beat against a thread about, well, bridge financing.
@RichardRubinDC @Fritschner There is no tax angle this time Richard
The earthquake was just Central Jersey telling us it actually exists.