The tax lesson illustrated by the Elon Musk saga is not what you might think.
By David Gamage and Darien Shanske
Elon Musk has left California, or so he says.[1] And so cue the gnashing of teeth about…
Most of us these days are worried about the pandemic. If that weren’t enough fun, there’s also economic collapse, especially when — and the tip of the canoe is already edging out over the waterfall — states reach an imminent fiscal…
This week brought a new round of announcements from universities, even very wealthy ones, that they would be cutting faculty and…
States Should Borrow Rather than Make Brutal Cuts During a Recession and Pandemic
By Darien Shanske and David Gamage
In a world in which the level of government best suited to act (the federal government) is dysfunctional, subnational governments need to take extraordinary measures. Lest anything…
By Michael A. Livingston
(Posted by David Gamage on behalf of Michael A. Livingston)
These are tough times for higher education. Even name-brand institutions are announcing hiring freezes and salary cuts, among other austerity policies. This is perfectly understandable if your institution is a community…
The COVID-19 pandemic is precipitating severe fiscal crises for state and local governments. This is occurring as businesses throughout the country have shut…
There is no time to lose in heading off large, destructive and unnecessary state and local budget cuts.
[UPDATE: For further discussion of this proposal, see here.]
By Brian Galle, David Gamage, Darien Shanske, & Erin Scharff[1]
COVID-19 is causing mass layoffs and related economic hardship, as well as budget…