Future State Business Tax Reforms: Perspectives From The Business, Government and Academic Communities

September 17, 2007
Federal Reserve Bank of Chicago
230 S. LaSalle Street
Chicago, IL 60604
3rd Floor Conference Center

8:00 a.m.		Registration & Continental Breakfast
8:55 a.m.		Welcome & Opening Remarks Daniel G. Sullivan, Senior Vice President and Director of Economic Research, Federal Reserve Bank of Chicago
9:00 a.m.		Session I: Overview of Current State Tax Developments Moderator Tom Neubig, Ernst & Young LLP Economics of State Taxation (PDF, 141KB) George Zodrow, Rice University How Closely Do Business Taxes Conform to the Benefits Principle? (PDF, 759KB) Rick Mattoon, Federal Reserve Bank of Chicago William Testa, Federal Reserve Bank of Chicago Changing Business Tax Systems: Something New? (PDF, 61KB) Robert Cline, Ernst & Young LLP
10:15 a.m.		Break
10:30 a.m.		Session II: Issues with Current State Taxes Moderator Joel Slemrod, University of Michigan Issues with State Corporate Income Taxes (PDF, 4.15MB) William Fox, University of Tennessee The Squeeze on the Sales Tax (PDF, 884KB) Matthew Murray, University of Tennessee Business Property Tax Reform: Look Out Below—Current State, Recent Reforms, Potential Responses (PDF, 680KB) William Michalewicz, Ernst & Young LLP Andrew Phillips, Ernst & Young LLP State Value-Added Taxes (PDF, 72KB) Laura Kalambokidis, University of Minnesota
12:15 p.m.		Lunch
1:15 p.m.		Session III: Lessons Learned from Recent Major State Tax Reforms Moderator Rick Mattoon, Federal Reserve Bank of Chicago Lessons Learned—Ohio (PDF, 146KB) Tom Zaino, Former Commissioner, Ohio Department of Revenue The Texas Margin Tax; Looking Forward (PDF, 907KB) Billy Hamilton, Former Texas Deputy Comptroller The MBT—Changing Business Taxes in Michigan (PDF, 83KB) Scott Schrager, Michigan Department of Treasury
2:30 p.m.		Break
2:45 p.m.		Session IV: Key Perspectives on the New Tax Systems Moderator Tom Neubig, Ernst & Young LLP Panelists Government Perspective Harley Duncan, Federal Tax Administrators Richard Levin, Commissioner, Ohio Department of Revenue Panelists Business Perspective Gary LeDonne, Ernst & Young Doug Lindholm, Council on State Taxation Lorna Turner, Hyatt Corporation Panelists Academic Perspective William Fox, University of Tennessee J. Fred Giertz, University of Illinois at Urbana–Champaign Joel Slemrod, University of Michigan George Zodrow, Rice University All Panelists' Roundtable
		Last updated: September 26, 2007