[PAST EVENT] W&M Law Professor Eric Chason: Can Tax Policy Stabilize the Financial System?

February 28, 2013
3:30pm - 4:30pm
Law School, Room 127
613 S Henry St
Williamsburg, VA 23185Map this location
Since the financial crisis of 2007-09, policymakers have vigorously re-regulated the financial sector, most notably by passing the Dodd-Frank Act. Policymakers have become increasingly interested in imposing special taxes on the financial sector as well. France has already enacted a financial-transactions tax, and other E.U. nations appear ready to follow. The U.S. has resisted this movement to date, although additional revenue collected from unpopular bankers may prove irresistible to a government in desperate need of revenue. Many commentators find these taxes appealing not only for their revenue but also for their regulatory impact. Just as taxes on tobacco and carbon could reduce smoking and global warming, taxes on the financial sector could theoretically reduce the risk of a future crisis. Professor Chason's lecture will describe some of the proposals and assess the likelihood that they could stabilize the financial system.

Eric Chason is an Associate Professor at the William & Mary Law School, where he has taught taxation, trusts and estates, and banking law. Prior to joining the faculty, Eric was a partner at a Washington, D.C., law firm, where his practice focused on employee benefits, executive compensation, and tax.

The Blackstone Lecture Series was established in 1996 to recognize the scholarly achievements of younger members of the William & Mary Law School faculty. The series is made possible by the generosity of Law School alumni.

(757) 221-1840, [[jpwelc]]