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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This month we’re remembering Evan’s one-year anniversary of being arrested while conducting a reporting interview in Russia #JournalismIsNotACrime #istandwithevan
2004: Working at a newspaper, writing the Pat McCrory news, no retweets. 2024: Working at a different newspaper, retweeting my colleagues’ Pat McCrory news. Arc of history something something.
2004: Working at a newspaper, writing the Pat McCrory news, no retweets. 2024: Working at a different newspaper, retweeting my colleagues’ Pat McCrory news. Arc of history something something.
"Scope bubble" companies, challenges for electric utilities, Treasury guidance that's still not released. Companies can't figure out the corporate alternative minimum tax (CAM-tee) yet. Biden is ready to expand it. wsj.com/politics/polic…
Today's story goes in the category of "I read tax footnotes in 10-Ks so you don't have to" wsj.com/politics/polic…
Is radical tax simplification an impossible dream? Join us March 19 for an event on tax simplification, with an expert panel featuring @GreenblumTax, @MargotHollick, and @NatashaRSarin, moderated by @RichardRubinDC. Learn more and register here: tpc.io/3IvkvQQ
New this morning: The IRS free Direct File program has 15,000 users so far and officials are eyeing 100k as it opens to all eligible taxpayers in 12 states. wsj.com/personal-finan…
“We will also work around the clock to bring home Evan and Paul, Americans being unjustly detained all around the world.” President Biden, State of the Union speech, March 7, 2024. #IStandWithEvan
Follow along with the @WSJ DC team tonight on our State of the Union live blog: wsj.com/livecoverage/b…
News nugget: GOP @SenToddYoung says he intends to meet with Senate Majority Leader Schumer on the tax bill, which is at risk of stalling out. “I’ll do whatever I can to be supportive of the process” Calls R&D provisions to be issues of the “greatest importance” to him
Kelly Phillips Erb @taxgirl
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1K Followers 962 Following @VotebeatUS editor in chief. Previously Slate, Washington Post and Washingtonian magazine. Sulzberger fellow. University of Nebraska alum.This is also one (not the only) major reason why the tax code is so complicated.
This is also one (not the only) major reason why the tax code is so complicated.
@rokumar1918 @RichardRubinDC Considering it too! Hopefully their showing against Syracuse suggests the game will be at least close.
@ReporterCioffi @RichardRubinDC 7pm at Capital One. I’m def gonna be there …
This raises the important question of whether Biden will release a "Running on CAMT" campaign ad. Joke stolen from @RichardRubinDC
This raises the important question of whether Biden will release a "Running on CAMT" campaign ad. Joke stolen from @RichardRubinDC
The Senate could always combine the House TikTok and tax bills into one big Tik Tok + tax package to really scramble partisan lines
@RichardRubinDC It like the Hulk showing up in a Thor movie.
@Fritschner @RichardRubinDC You guys are the only reason I’m still in this hellscape. Thank you both.
everyone remembers where they were when the world shut down four years ago. i was in an airbnb in tampa ignoring the oncoming catastrophe so i could finish a feature story about how brett gardner planned to use his a-swing more that season.
@RichardRubinDC I read fy 25 greenbook pillar 2 revenue estimates as reflecting the actual enactment of P2 elsewhere. This is where estimating convention of not assuming actions by fgn governments (even though in 2022 and 2023 we knew actions likely were coming) has big effect on scoring.
@RichardRubinDC @George_A_Callas @AlexParkerDC @DonFSchneider That's the dose of reality I was referring to.
@DonFSchneider @RichardRubinDC It's the 26-30 period that's weird though. It should grow with the baseline for nominal corporate profits. Why would profits flatline for 5 years? A temporary reduction in corporate greed?
I'm reading through the Biden budget's tax proposals -- which tax *all* individual income (incl. unrealized gains) at a top federal rate of 44.6% -- and my first reaction is that if they were all enacted, the muni bond market would GO THROUGH THE ROOF: home.treasury.gov/system/files/1…
My story today: How Trump's Justice Department killed the years-long investigation into Caterpillar's offshore tax strategy: nytimes.com/2024/03/09/bus…
***Today is my first day at Bloomberg, where I will continue investigating U.S.-China tech and national security issues!***
Of note - Tillis says doing tax deal now is bad negotiating even if R’s win it all in Nov, citing tough 2017 process: “If we come back and run the table, we may need some of this to get the kind of support we’re going to need for a Republican-only support to get reconciliation.”
Of note - Tillis says doing tax deal now is bad negotiating even if R’s win it all in Nov, citing tough 2017 process: “If we come back and run the table, we may need some of this to get the kind of support we’re going to need for a Republican-only support to get reconciliation.”
Well folks, I'm starting a new chapter: Yesterday marked my final day at @TaxNotes -- 7 years as a reporter, 8 years total. Next week, I'll be starting a new job at the IRS on their public affairs team here in DC. I'm gonna miss this place and all the wonderful people here!
Doug LaMalfa plays the long game...wait 45 minutes, but you'll get Biden on forestry eventually
Doug LaMalfa plays the long game...wait 45 minutes, but you'll get Biden on forestry eventually
This half-hour of Biden kibbutzing with every random person in the room is highly watchable
Turn out the lights, the party's over. President Biden's still here but the House adjourned and they turned off half the lights.