Tax prof, UC-Irvine.

Joined September 2010
74 Photos and videos
Victor Fleischer retweeted
Carried Interest has been a talking point in tax policy for at least 20 years. It is often viewed as a loophole that if closed would bring in revenue.
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Victor Fleischer retweeted
Whoever decided that a university speaker getting reimbursed for an Uber needs to complete the same supplier onboarding as a firm bidding on a $1M waste disposal contract: please rot in hell, with respect.
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Victor Fleischer retweeted
I interviewed 20 senior admins and profs for this story. They painted a similar picture: under Alexander, Mellon became monomaniacally obsessed with social justice, almost exclusively funding work advancing political causes at the expense of more traditional humanities work. 4/
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Victor Fleischer retweeted
Some advice for new students entering law school: find the largest, most aggressive professor, and on the first day of class keep raising your hand to make comments that will let the other students know not to mess with you
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Victor Fleischer retweeted
We estimate the Senate-passed reconciliation bill increases primary deficits by $3.1 trillion over 10 years. The dynamic cost, including changes to the economy, is larger at $3.5 trillion. GDP falls by 0.3 in 10 years and falls by 4.6 in 30 years. budgetmodel.wharton.upenn.ed…
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Why would we think promotion of national unity is a proper goal for universities?
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We all owe a debt of gratitude to @ProfRobAnderson for his tweets proving that tipping is customary in the industry of law teaching. #NoTaxOnTips
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Which is worse for GDP, Trump tariffs or Zoom crashing?
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I just realized why they had to announce the tariffs today. Because yesterday was April 1, and nobody would have believed this wasn’t a prank yesterday.
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Victor Fleischer retweeted
Joseph Goebbels was a literal Nazi and one of Hitler's closest allies. To my Republican colleagues, it is probably best not to quote him during a congressional hearing.
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Victor Fleischer retweeted
Gratitude & applause to the amazing @lsolum, who has not only done defining work on originalism (& other things), but who also organizes, curates, comments on, improves, & promotes academic work in law. A massive public service, done with unfailing generosity & kindness.
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Victor Fleischer retweeted
The existence of Chicago-style pizza implies the existence of MLA-style pizza and AP-style pizza.
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Victor Fleischer retweeted
I totally hear you. But the issue is that it isn't your capital at risk. The reason we have a different rate for capital vs labor is to incentivize people to put up their own capital. To invest in America. For whatever reason, we have decided to tax people's labor at a different, higher rate. Your labor is your labor. Investing other people's money isn't a special form of labor. And getting rid of carried interest doesn't change the incentives for *investors* to put up their money. The only shift would be in the incentive for you to decide to choose a profession managing other people's money. And if you're doing it for the tax break, well, that means the system is rewarding tax arbitrage, not actual investment risk.
Real estate agents take no risk. Investors can work for years and make nothing because of outside market forces. Also, inflation eats away at capital locked up over time. “Labor” is an immediate payout. We need to incentivize risk taking and long time horizons.
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It’s the hope that kills you
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Victor Fleischer retweeted
Hey, @TheAALS, y'all should figure out how to give @lsolum an award for all that he has done for the legal academy through his remarkable legal theory blog. @BrianLeiter @dorfonlaw
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Victor Fleischer retweeted
Stop making fun of people that believe in Santa, there are grown adults that still believe in Modern Monetary Theory
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Victor Fleischer retweeted
With telework decoupling the state of work & residence, how do local income taxes affect wages, house prices, population and employment? Check out my article “Taxes and telework: The impacts of state income taxes in a work-from-home economy” w/ Brueckner in @JUrbanEcon Thread:
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Victor Fleischer retweeted
Hang it in the Louvre. #SFvsBUF | #BillsMafia
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