EFTA00886920.pdf

From: "Jeffrey E." <[email protected]> To: Lawrence Summers Subject: Re: Spending bill Date: Sat, 10 Feb 2018 11:57:30 +0000 yes and no. ask him where 92 billion dollars go. hurricane relief. - its the next level down. 1 . tax writers are more sophistcated , to put everything on the front page. . opportunity zones.? puerto rico is the digital tax haven. can you have lisa call me re woody. I d like to speak to her On Fri, Feb 9, 2018 at 10:41 PM, Lawrence Summers < > wrote: Do u know more or less than he does Sent from my iPhone Please direct all scheduling inquiries to my office at: Follow me on twitter @lhsummers Begin forwarded message: From: Jason Furman Date: February 9, 2018 at 10:16:35 PM EST To: Lawrence Summers Cc: lhsoffice Subject: Re: Spending bill I confirmed my interpretation was mostly correct. Timber was one of what I referred to as the dregs of extenders—along with nascar, race horses, etc. The tax items were mostly these extenders, which we had set on a path to expire in 2015. And then their being discontinued was used as a "payfor" in the tax bill last year (because they used a baseline that assumed they were permanent). I was only mostly correct because there were a few new tax items but they were mostly small and inoffensive —some standard tax changes they often pass after disasters (e.g., letting people affected withdraw from retirement accounts) and several very minor items that are more like technical corrections and look pretty inoffensive. On Feb 9, 2018, at 9:04 PM, Lawrence Summers < > wrote: I heard there is a ton of rifle shot abusive tax stuff eg timber in the last budget bill. Do u know. Sent from my iPad Please direct all scheduling inquiries to my office at: EFTA00886920  Follow me on twitter @lhsummers please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00886921