Elena Patel, Katherine Lim, and Molly Saunders-Scott, 2018. In a presentation prepared for the National Tax Association 2018 Spring Symposium, the authors examine changes to the tax treatment of S-corporation losses in the 2017 tax law and examine characteristics of S-corporations with losses, trends in losses over time, and comparisons to C-corporations. [download pdf]

Elena Patel and Nathan Seegert, 2017. The authors study an investment tax shock on U.S. hospitals and find that hospitals in concentrated markets increased investment by 5.0% ($2.1 million) more in response to tax incentives than firms in competitive markets. Further, firms’ investment responses monotonically increased with market concentration. [download pdf]

Adam Looney, 2017. The author finds that abuse of a tax deduction intended to encourage conservation of environmentally important land and historic buildings has cost the government billions of dollars of revenue while often doing little to advance environmental protection. [download pdf]

Adam Looney and Aaron Krupkion, 2017. To help understand the policy considerations surrounding the taxation of pass-through businesses and the implications of potential reforms, the authors present nine facts about pass-throughs and the current U.S. approach to taxing business. [download pdf]