Back to All Events

How Much Revenue Does the Federal Government Lose from Tax Avoidance?

  • 2168 Rayburn House Office Building (Gold Room) 45 Independence Avenue Southwest Washington, DC, 20219 United States (map)

Millionaire taxes. Donut-hole Social Security taxes. Top individual tax rates of 70 percent. Pass-through business deductions. Corporate tax rates. These topics are hotly debated. But, how might individuals and businesses respond to reduce or even avoid their tax bills? This question is more relevant than ever as we enter the 2020 campaign season.

Penn Wharton Budget Model will convene Capitol Hill staffers, policymakers, academics and thought leaders to discuss this important topic. Learn how individuals and businesses can recharacterize their income to reduce their tax bills, how much recharacterization happens in practice, and the resulting loss in federal government revenue.



Eric Zwick: Associate Professor of Finance and Fama Faculty Fellow at the University of Chicago Booth School of Business.

Richard Prisinzano: Senior Economist with Penn Wharton Budget Model.

Michael Knoll: Theodore K. Warner Professor of Law at the University of Pennsylvania Law School, Professor of Real Estate at the Wharton School of the University of Pennsylvania, and Co-Director of the Center for Tax Law and Policy at the University of Pennsylvania.

David Kamin: Professor of Law at New York University School of Law.