Robert J. Peroni
Professor Peroni joined the faculty in 2003, and his primary areas of teaching and scholarship are federal income taxation, international taxation, natural resource taxation, and professional responsibility/legal ethics. He is one of the nation's top scholars in international taxation and in energy taxation. In 2006, he was the recipient of the Texas Exes Faculty Teaching Award for excellence in teaching. He is the co-chair of the advisory boards for two recurring programs co-sponsored by the IRS the Biennial Parker Fielder Oil and Gas Tax Conference, co-sponsored by the IRS with the University of Texas School of Law, and the Annual Institute on Current Issues in International Taxation, co-sponsored by the IRS with the George Washington University Law School.
Prior to joining the Texas faculty, Professor Peroni taught at the Tulane University School of Law in New Orleans, from 1981-1989, and at the George Washington University Law School in Washington, D.C., from 1989-2003, where he was the Robert Kramer Research Professor of Law. He also has taught as a visiting professor on the law faculties of New York University, the University of Texas, UCLA, the University of Pennsylvania, Northwestern University, and Georgetown University.
Posts about Robert J. Peroni
It's been a year since Warren Buffett penned a New York Times op-ed calling for higher taxes on millionaires like himself. Since then, the issue has become a potent political symbol. But is Buffett's proposal economically sound, or is it merely a gimmick?
Confusion, avoidance, loopholes, manipulation. The current state of American corporate income tax evokes all these words and more. By one measure, U.S. companies pay the highest corporate tax rates in the industrialized world: 39.2 percent, versus an average of 25.4 percent. But by other measures, they pay some of the lowest amounts. In 2009, corporate taxes were 1.7 percent of America’s gross domestic product, compared to an industrialized average of 2.8 percent. The tax contributes a scant 8 percent of Uncle Sam’s revenues. “It’s a small percentage, and we’re spending a lot to avoid it,” says Sandy Leeds, senior lecturer in finance at McCombs.
As the federal income tax nears its 100th birthday, the revenue source is being reconsidered in light of alternative ideas. Several tax and finance experts at the University of Texas at Austin suggest that the U.S. consider a parallel tax system: a national consumption tax.
When it comes to taxes, many Americans believe they’re paying too much and/or someone else is not paying enough. Who's right?