Edward McCaffery
Encyclopedia
Edward McCaffery is a tax law
professor at the University of Southern California Law School
and also a visiting professor of Law and Economics at the California Institute of Technology.
At USC he is Robert C. Packard Trustee Chair in Law and Professor of Law, Economics and Political Science.He teaches Federal Income Taxation, Property, Intellectual Property, and Tax Law and Policy at USC, Law and Economics and Law and Technology at the California Institute of Technology. He also teaches Corporate Taxation, Federal Income Taxation, Partnership Taxation, Property and a Tax Policy seminar.
An internationally recognized expert in tax law, Professor McCaffery studies tax policy
, tax structures
, public finance
theory, including behavioral public finance, as well as property law
and theory, intellectual property
, and law
and economics
.
Professor McCaffery's scholarship has been widely cited by economists, government officials, journalists and policy analysts. In addition to numerous law review
articles, Professor McCaffery has recently written two books: Fair Not Flat: How to Make the Tax System Better and Simpler (advocating a progressive consumption tax based on spending rather than income) and Taxing Women (discussing the gender inequity of the current United States income tax code which penalizes working women). Other publications include, Behavioral Public Finance (co-editor), Rethinking the Vote: The Politics and Prospects of American Election Reform (co-editor). Another book, A New Understanding of Property, will be published later this year.
His other writings include "Cognitive Theory and Tax," "Framing the Jury: Cognitive Perspectives on Pain and Suffering Awards" (with Daniel Kahneman and Matthew Spitzer), and "Slouching Towards Equality: Gender Discrimination, Market Efficiency, and Social Change." McCaffery has served as an official consultant to the Russian Federation to help design a comprehensive tax code.
A summa cum laude graduate of Yale University
, Professor McCaffery received his J.D. magna cum laude from Harvard Law School
and a master's degree in economics from the University of Southern California
. He served as a clerk to Chief Justice Robert N. Wilentz
of the New Jersey Supreme Court and was an attorney with Titchell, Maltman, Mark, Bass, Ohleyer & Mishell before joining the USC Law faculty in 1989. He held the Maurice Jones, Jr., Professorship in Law from 1998 to 2004 and has served as a visiting professor of law and economics at the California Institute of Technology since 1994. He has chaired the USC Institute on Federal Taxation since 1997, and he found the USC-Caltech Center for the Study of Law and Politics and served as its director from 2000 to 2003. He is an elected fellow of the American Law Institute (ALI) and the American College of Tax Counsel. Professor McCaffery also is of counsel to the Los Angeles office of Sonnenschein Nath & Rosenthal LLP.
Tax law
Tax law is the codified system of laws that describes government levies on economic transactions, commonly called taxes.-Major issues:Primary taxation issues facing the governments world over include;* taxes on income and wealth...
professor at the University of Southern California Law School
University of Southern California Law School
The University of Southern California Law School , located in Los Angeles, California, is a law school within the University of Southern California...
and also a visiting professor of Law and Economics at the California Institute of Technology.
California Institute of Technology
The California Institute of Technology is a private research university located in Pasadena, California, United States. Caltech has six academic divisions with strong emphases on science and engineering...
At USC he is Robert C. Packard Trustee Chair in Law and Professor of Law, Economics and Political Science.He teaches Federal Income Taxation, Property, Intellectual Property, and Tax Law and Policy at USC, Law and Economics and Law and Technology at the California Institute of Technology. He also teaches Corporate Taxation, Federal Income Taxation, Partnership Taxation, Property and a Tax Policy seminar.
An internationally recognized expert in tax law, Professor McCaffery studies tax policy
Tax policy
Tax policy is the government's approach to taxation, both from the practical and normative side of the question.-Philosophy:Policymakers debate the nature of the tax structure they plan to implement and how they might affect individuals and businesses .The reason for such foitution effect]],...
, tax structures
Taxation in the United States
The United States is a federal republic with autonomous state and local governments. Taxes are imposed in the United States at each of these levels. These include taxes on income, property, sales, imports, payroll, estates and gifts, as well as various fees.Taxes are imposed on net income of...
, public finance
Public finance
Public finance is the revenue and expenditure of public authoritiesThe purview of public finance is considered to be threefold: governmental effects on efficient allocation of resources, distribution of income, and macroeconomic stabilization.-Overview:The proper role of government provides a...
theory, including behavioral public finance, as well as property law
Property law
Property law is the area of law that governs the various forms of ownership in real property and in personal property, within the common law legal system. In the civil law system, there is a division between movable and immovable property...
and theory, intellectual property
Intellectual property
Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...
, and law
Law
Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...
and economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
.
Professor McCaffery's scholarship has been widely cited by economists, government officials, journalists and policy analysts. In addition to numerous law review
Law review
A law review is a scholarly journal focusing on legal issues, normally published by an organization of students at a law school or through a bar association...
articles, Professor McCaffery has recently written two books: Fair Not Flat: How to Make the Tax System Better and Simpler (advocating a progressive consumption tax based on spending rather than income) and Taxing Women (discussing the gender inequity of the current United States income tax code which penalizes working women). Other publications include, Behavioral Public Finance (co-editor), Rethinking the Vote: The Politics and Prospects of American Election Reform (co-editor). Another book, A New Understanding of Property, will be published later this year.
His other writings include "Cognitive Theory and Tax," "Framing the Jury: Cognitive Perspectives on Pain and Suffering Awards" (with Daniel Kahneman and Matthew Spitzer), and "Slouching Towards Equality: Gender Discrimination, Market Efficiency, and Social Change." McCaffery has served as an official consultant to the Russian Federation to help design a comprehensive tax code.
A summa cum laude graduate of Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
, Professor McCaffery received his J.D. magna cum laude from Harvard Law School
Harvard Law School
Harvard Law School is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, it is the oldest continually-operating law school in the United States and is home to the largest academic law library in the world. The school is routinely ranked by the U.S...
and a master's degree in economics from the University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
. He served as a clerk to Chief Justice Robert N. Wilentz
Robert Wilentz
Robert Nathan Wilentz was Chief Justice of the New Jersey Supreme Court from 1979 to 1996, making him the longest-serving Chief Justice since the Supreme Court became New Jersey's highest court in 1948.-Biography:...
of the New Jersey Supreme Court and was an attorney with Titchell, Maltman, Mark, Bass, Ohleyer & Mishell before joining the USC Law faculty in 1989. He held the Maurice Jones, Jr., Professorship in Law from 1998 to 2004 and has served as a visiting professor of law and economics at the California Institute of Technology since 1994. He has chaired the USC Institute on Federal Taxation since 1997, and he found the USC-Caltech Center for the Study of Law and Politics and served as its director from 2000 to 2003. He is an elected fellow of the American Law Institute (ALI) and the American College of Tax Counsel. Professor McCaffery also is of counsel to the Los Angeles office of Sonnenschein Nath & Rosenthal LLP.