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News Posted on May 5, 2017

Professor Ventry Comments on Trump and IRS for McClatchy Newspapers Online

Professor Dennis Ventry commented for McClatchy Newspapers Online on the case of Renaissance Technologies, a hedge fund that allegedly owes $6.8 billion in unpaid taxes.  The company’s co-CEO, Robert Mercer, was among the most generous donors to the campaign of Donald Trump, leading to speculation that the Trump administration may not pursue payment.

Ventry said he was not aware of any instance of a sitting president intervening to stop a tax audit or prosecution. Trump “has been remarkably restrained regarding the IRS,” said Ventry.

Professor Ventry is an expert in tax policy and legal ethics. His research interests include tax expenditure analysis, family taxation, professional responsibility and standards of care, tax filing and administration, tax compliance, public finance, and tax and legal history. In addition, he is Vice Chairman of the IRS Advisory Council, and co-author on the casebook, Federal Income Taxation with Martin McMahon, Jr., Daniel L. Simmons, and Bradley T. Borden.