Tax and Fiscal

Selected Research, Briefs, and Commentary

Business Tax

• Taxing Index Funds: Mutual Funds, ETFs, and Paths to Reform
  With Matthew Ringgenberg. Brookings Institution, 2026. (Blog post)

• Corporate Tax Responsiveness Varies Across Countries—and That Heterogeneity Matters for Global Coordination
  With Katarzyna Bilicka and Nathan Seegert. Brookings Institution, 2026.

• Do Existing Tax Rules Weaken OBBBA's Pro-Investment Incentives?
  With Erin Towery. Brookings Institution, 2025.

• The House Tax Bill Upends the 2017 Corporate Tax Bargain
  Brookings Institution, 2025.

• 199A's Sunset
  Brookings Institution, 2025.

• The Limits of the New Corporate AMT: Why Little Has Changed
  Brookings Institution, 2025.

• Econ 101 Briefing on Taxing Multinationals Brings Hill Staffers Up to Speed on the U.S. Role in Coordinating Global Crack-Down on Tax Avoidance
  Washington Center for Equitable Growth, 2025.

• The Corporate AMT: Understanding Low Tax Liabilities as a Policy Choice
  Brookings Institution, 2024.

Tax Policy and Trade

• After IEEPA: New Section 301 Investigations and Why Public Input Matters
  With Kari Heerman. Brookings Institution, 2026.

• How Congress Can Turn Tariff Lemons into Lemonade: A Border-Adjustment Tax
  With Adam Looney. Brookings Institution, 2025.

• Why Does the Executive Branch Have So Much Power over Tariffs?
  With Adam Looney. Brookings Institution, 2025.

• Trump Could Impose Tariffs on Day One, with Few Checks on That Power
  With Adam Looney. Brookings Institution, 2025.

• Small Parcels, Big Problems: Modernizing De Minimis in a Global Economy
  Brookings Institution, 2025.

Tax Policy and Governance

• Who Decides? Courts, Congress, and the Shifting Boundaries of Tax Authority
  Brookings Institution, 2025. (Blog post)

• How Low Can You Go? Budget Baseline Games and Tax Policy
  With Adam Looney. Brookings Institution, 2025.

• The Only Tax Pledge Worth Making: No More Pledges
  With William Gale. Brookings Institution, 2025.

• The Implications of Pledging to Except Certain Households from Tax Hikes
  With Adam Looney. Brookings Institution, 2024.

Tax Credits and Households

• Been There, Done That: Capital Gains Indexing is Still a Bad Idea
  Brookings Institution, 2026.

• The Soon-to-Expire Work Opportunity Tax Credit Has Not Been Working
  With Adam Looney. Brookings Institution, 2025.

• One Big Beautiful Bill Complicates Charitable Giving
  With Robert McClelland. Brookings Institution, 2025.

• Beyond Tax Credits: A Path to Meaningful Paid Family Leave
  Brookings Institution, 2025.

• The Hidden Costs of Expanding HSAs in the One Big Beautiful Bill
  With Jason Levitis. Brookings Institution, 2025.