USC Professor Clint Wallace talks about the proposed tax reform

The U.S. Senate is set to vote on its version of the tax reform plan. University of South Carolina tax law professor Clinton Wallace discusses the plan and disputes the claim by some senators that tax cuts will increase wages for U.S. workers. He also discusses how the tradeoffs in the plan and how tax cuts for some means tax increases for others. The plan adds new complex rules to the tax code, which will impact small business owners.

Clint Wallace, Assistant Professor of Law, University of South Carolina from MidlandsBiz on Vimeo.

Clint Wallace teaches tax law and tax policy. Before joining the faculty in 2017, he taught tax procedure, corporate tax, and tax policy at New York University School of Law as an Acting Assistant Professor of Tax Law, and he worked as an associate at the law firm Caplin & Drysdale. In practice, he provided advice on various aspects of federal income taxation to individuals, businesses and exempt organizations, with a particular focus on U.S. international tax issues. Previously he served as speechwriter to a U.S. Senator and to the governor of the State of Michigan, and worked on numerous federal and state political campaigns.
Professor Wallace’s research focuses on tax policy, tax rulemaking, and tax legislation. He has written on a variety of tax policy topics, including tax administration and the design of tax credits. He received a LLM in taxation and a JD from New York University School of Law, and an AB from Princeton University’s Woodrow Wilson School of Public and International Affairs.