U of M experts available to analyze 'fiscal cliff' implications
MINNEAPOLIS/ST. PAUL (12/4/2012) — With the chances of averting a “fiscal cliff” hanging in the balance since Congress returned to session more than two weeks ago, what are the implications for taxpayers, businesses and health care?
As Washington policymakers continue to negotiate a deficit deal, experts from the University of Minnesota are available to discuss the potential consequences if budget cuts and tax increases take effect after Dec. 31.
To interview the following experts from across the University of Minnesota, contact Julie Christensen, University News Service, firstname.lastname@example.org, (612) 626-1720.
Bruce Shnider, professor, Law School
A corporate and individual tax law expert, Shnider is available to discuss possible tax issues such as individual and corporate tax rates, and individual and corporate deductions surrounding the fiscal cliff legislation in Congress. As President Obama seeks to increase the top rate above the current 35 percent, many in Congress hope to use a cutback in deductions as an alternative to a rate increase. According to Shnider, a possible compromise is to combine the two approaches, “some rate increase for some high income group and some caps in some itemized deductions, such as medical and or/charitable.”
Larry Jacobs, director and professor, Center for the Study of Politics and Governance, Humphrey School of Public Affairs
The Walter F. and Joan Mondale Chair for Political Studies, Jacobs’ areas of expertise include presidential politics, health policy and reform and legislative politics. He can speak to Medicare and Social Security proposals as well as their effects on the budget and beneficiaries.
Jay Kiedrowski, senior fellow, Humphrey School of Public Affairs
The former executive vice president for Wells Fargo and Company, Kedrowski specializes in federal, state and local public finance, including budgeting, debt management and financial analysis. He can speak to federal budgeting and the deficit.
Paul Gutterman, director, Master of Business Taxation program, Carlson School of Management
A former senior manager in Ernst & Young’s tax department, Gutterman began his career in the tax area of Dorsey & Whitney, the Upper Midwest's largest law firm. He teaches in the Master of Business Taxation program and has focused on corporate, partnership and individual taxation.
Roger Feldman, professor, School of Public Health, Division of Health Policy & Management
The Blue Cross Professor of Health Insurance, Feldman specializes in applying economic theory to health services research. He also serves as a consultant to national agencies such as the U.S. Department of Health and Human Services and the Congressional Budget Office.
Jean Abraham, assistant professor, School of Public Health, Division of Health Policy & Management
A health economics and national health reform expert, Abraham studies access and cost issues related to employer-based health insurance for workers and families. She was a 2008-2009 senior economist on health issues with the President’s Council of Economic Advisors.