The Economics of Tax Policy


Author: Robert D Burch Professor of Economics and Law and Director Burch Center for Tax Policy and Public Finance Alan J Auerbach,Kent Smetters,Boettner Professor of Business Economics and Public Policy and Director Penn Wharton Public Policy Initiative the Wharton School Kent Smetters
Publisher: Oxford University Press
ISBN: 0190619724
Category:
Page: 400
View: 599

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The debates about the what, who, and how of tax policy are at the core of politics, policy, and economics. The Economics of Tax Policy provides a straightforward overview of recent research in the economics of taxation. Tax policies generate considerable debate among the public, policymakers, and scholars. These disputes have grown more heated in the United States as the incomes of the wealthiest 1 percent and the rest of the population continue to diverge. This important volume enhances understanding of the implications of taxation on behavior and social outcomes by having leading scholars evaluate key topics in tax policy. These include how changes to the individual income tax affect long-term economic growth; the challenges of tax administration, compliance, and enforcement; and environmental taxation and its effects on tax revenue, pollution emissions, economic efficiency, and income distribution. Also explored are tax expenditures, which are subsidy programs in the form of tax deductions, exclusions, credits, or favorable rates; how college attendance is influenced by tax credits and deductions for tuition and fees, tax-advantaged college savings plans, and student loan interest deductions; and how tax policy toward low-income families takes a number of forms with different distributional effects. Among the most contentious issues explored are influences of capital gains and estate taxation on the long term concentration of wealth; the interaction of tax policy and retirement savings and how policy can "nudge" improved planning for retirement; and how the reform of corporate and business taxation is central to current tax policy debates in the United States. By providing overviews of recent advances in thinking about how taxes relate to behavior and social goals, The Economics of Tax Policy helps inform the debate.

The Economics of Taxation


Author: Bernard Salanié
Publisher: MIT Press
ISBN: 9780262194860
Category: Business & Economics
Page: 226
View: 2713

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A graduate-level introduction to the economic theories of taxation.

Tax Policy in the Global Economy

Selected Essays of Peggy B. Musgrave
Author: Peggy B. Musgrave
Publisher: Edward Elgar Pub
ISBN: N.A
Category: Business & Economics
Page: 470
View: 4872

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Income tax analysis extended to the arena of multinational investment . The concept of tax equity among nations is introduced and developed. The complex tax issues which arise in the case of cross-border investment are addressed.

Tax By Design

The Mirrlees Review
Author: Institute for Fiscal Studies (IFS),James Mirrlees
Publisher: OUP Oxford
ISBN: 0191620092
Category: Business & Economics
Page: 560
View: 6085

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Tax by Design identifies what makes a good tax system for an open developed economy in the 21st century and suggests how the UK tax system could be reformed to move in that direction. The recommendations stress the importance of neutrality and transparency in tax design. It draws on the expert evidence from the commissioned chapters and commentaries in Dimensions of Tax Design. It also acknowledges the growing importance of globalised markets and multinational corporations as well as the challenges created by changing population demographics, the growth of new technologies, and the broadened objectives of policy makers. The Commission's work was directed by: Timothy Besley Richard Blundell Malcolm Gammie James Poterba The Commission's editorial team: Stuart Adam Stephen Bond Robert Chote Paul Johnson Gareth Myles

Tax Policy and the Economy


Author: James M. Poterba
Publisher: Mit Press
ISBN: 9780262660952
Category: Business & Economics
Page: 180
View: 7075

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The Tax Policy and the Economy series presents new research bearing on the economiceffects of taxation on economic performance and analyzing the effects of potential tax reforms.Research results are presented in a timely and accessible fashion and will be of interest to taxpractitioners and those involved in formulating tax policy.

Tax Policy and the Economy


Author: National Bureau of Economic Research
Publisher: Mit Press
ISBN: 9780262161671
Category: Business & Economics
Page: 211
View: 2496

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Part of a series that presents recent research on the effects of taxation on economic performance and analyses of the effects of potential tax reforms, this volume includes: an evaluation of Medicaid in the 1980s; medical savings accounts; and implications of a broad-based consumption tax.

Taxation, Wealth, and Saving


Author: David F. Bradford
Publisher: MIT Press
ISBN: 9780262024709
Category: Business & Economics
Page: 540
View: 3098

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Eventually Bradford became convinced that the politically unpopular consumption-based model was the superior one. Since leaving the Treasury, much of his professional focus has been on economic analysis of the income tax system and on tax policy advocacy.".

Tax Policy and the Economy


Author: Lawrence H. Summers,National Bureau of Economic Research
Publisher: MIT Press
ISBN: 9780262691406
Category: Business & Economics
Page: 140
View: 4938

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The Tax Policy and Economy series presents new research bearing on the effects of taxation on economic performance and analyzing the effects of potential tax reforms. Research results are, presented in a timely and accessible fashion.Volume 4 includes contributions by Glenn Hubbard, Lawrence Goulder, Lawrence Summers, Daniel Feenberg, and Eytan Sheshinski.Lawrence H. Summers is Professor of Economics at Harvard University and Research Associate at the National Bureau of Economic Research.

The Economic Psychology of Tax Behaviour


Author: Erich Kirchler
Publisher: Cambridge University Press
ISBN: 9781107321175
Category: Psychology
Page: N.A
View: 3102

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Tax evasion is a complex phenomenon which is influenced not just by economic motives but by psychological factors as well. Economic-psychological research focuses on individual and social representations of taxation as well as decision-making. In this 2007 book, Erich Kirchler assembles research on tax compliance, with a focus on tax evasion, and integrates the findings into a model based on the interaction climate between tax authorities and taxpayers. The interaction climate is defined by citizens' trust in authorities and the power of authorities to control taxpayers effectively; depending on trust and power, either voluntary compliance, enforced compliance or no compliance are likely outcomes. Featuring chapters on the social representations of taxation, decision-making and self-employed income tax behaviour, this book will appeal to researchers in economic psychology, behavioural economics and public administration.

The Economics of Taxation


Author: Henry Aaron,Michael J. Boskin
Publisher: Brookings Institution Press
ISBN: 9780815707066
Category: Business & Economics
Page: 380
View: 3283

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This volume brings together the contributions of twenty-four economists and lawyers on tax policy. Five papers build on the work of Joseph A. Pechman in analyzing the distribution of tax burdens. A. B. Atkinson relates the analysis of redistribution of income through the tax system to horizontal equity, James Buchanan and Geoffrey Brennan demonstrate that a full analysis of tax burdens must encompass tax-induced inefficiencies, and Boris I. Bittker examines how tax inequities become resource misallocation. In separate papers, Joseph J. Minarik and Benjamin A. Okner elaborate on and extend Pechman’s analyses of tax burdens. Three papers address the concept of tax expenditures: Stanley S. Surrey and Paul R. McDaniel trace the development of the idea, Martin S. Feldstein demonstrates that some use of tax expenditures is necessary for the sake of economic efficiency, and Gerard M. Brannon examines the relations between tax expenditures and the distribution of income. Michael J. Boskin, Richard Goode, Peter Mieszkowski, and John B. Shoven and Paul Taubman examine alternative tax bases. Harvey E. Brazer and Alicia H. Munnell, in separate papers, argue that the basic unit subject to the personal income tax should be the individual rather than the family. David F. Bradford and Arnold C. Harberger analyze changes that would reduce present biases in the tax treatment of investment income. George F. Break and Charles E. McLure, Jr., consider possible improvements in the personal and corporation income taxes imposed by states. E. Cary Brown, Richard A. Musgrave, and Emil M. Sunley deal with fiscal policy. Brown draws lessons from U.S. History since 1945. Musgrave confronts Marxian and other theories of fiscal crises with the facts. Sunley describes the many pitfalls between proposals for even modest tax change and final congressional action.

Tax Policy and the Economy


Author: David F. Bradford
Publisher: Springer Science & Business
ISBN: 9780262521581
Category: Business & Economics
Page: 164
View: 5522

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The Tax Policy and the Economy series presents new research bearing on the economic effects of taxation on economic performance and analyzing the effects of potential tax reforms.David Bradford is Professor of Economics at the Woodrow Wilson School, Princeton University.

Taxation

A Very Short Introduction
Author: Stephen Smith
Publisher: Oxford University Press, USA
ISBN: 0199683697
Category: Business & Economics
Page: 131
View: 4888

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Tax revenues pay for many public services, including roads, health care, and education. However, it has become a contentious political issue of public debate. In this volume, Stephen Smith explains the role that taxes play in a modern economy and describes some of the main taxes used by most developed and developing countries. It considers the key issues: the question of where the burden of taxation really lies, how taxation affects the economy, and the effects of tax evasion and tax avoidance.

The economics of taxation

principles, policy and practice
Author: Simon R. James,Christopher Nobes
Publisher: N.A
ISBN: 9780132697705
Category: Business & Economics
Page: 324
View: 8655

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This new edition presents an analysis of the economic principles of taxation with a thorough and recently updated explanation and evaluation of the policy and practical aspects of the UK tax system. The computation of specific taxes is illustrated by integrated worked examples and end-of-chapter questions and exercises, which include suggested answers to allow for flexible study and self-assessment.

International Handbook on the Economics of Integration

Competition, Spatial Location of Economic Activity and Financial Issues
Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
ISBN: 1849806004
Category: Business & Economics
Page: 3
View: 8340

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'International Handbook on the Economics of Integration edited by Miroslav Jovanovi? provides timely and rich academic contributions to considerations of the widest array of integration-related issues. European integration has been providing an inspiration to a number of academics and researchers. the Handbook is a recognition of the dynamic and strong solidarity of European integration. At the same time, the European Union often provided an example for integration schemes throughout the world which spread enormously since the mid-1990s. Leading experts from all continents contributed to this Handbook which will be a valuable input into academic and policy-making discussions and actions.' - José Manuel Barroso, President of the European Commission

The Encyclopedia of Taxation & Tax Policy


Author: Joseph J. Cordes,Robert D. Ebel,Jane Gravelle
Publisher: The Urban Insitute
ISBN: 9780877667520
Category: Business & Economics
Page: 499
View: 4752

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From adjusted gross income to zoning and property taxes, the revised edition of The Encyclopedia of Taxation and Tax Policy offers the best and most complete guide to taxes and tax related issues. More than 150 tax practitioners and administrators, policymakers, and academics contributed to this unique and authoritative reference. The Encyclopedia examines virtually all tax instruments used by governments (individual income, corporate income, sales and value-added, property, estate and gift, franchise, poll, and many variants of these taxes), as well as characteristics of a good tax system, budgetary issues, and many current federal, state, local, and international tax policy issues. The new edition is completely revised, with 40 new topics and 200 articles revised to reflect six years of legislative changes. Each essay provides the generalist with a quick and reliable introduction to many topics but also gives tax specialists the benefit of the best thinking of other experts in a manner that makes the complex understandable. Reference lists point the reader to additional sources of information for each topic. The first edition was selected as an Outstanding Academic Book of the Year by Choice magazine

The Economics of Globalization

Policy Perspectives from Public Economics
Author: Assaf Razin,Efraim Sadka
Publisher: Cambridge University Press
ISBN: 9780521622684
Category: Business & Economics
Page: 420
View: 4587

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This collection, by a group of internationally known experts examines the globalization of independent economic systems.

Trusts Law

Text and Materials
Author: Graham Moffat
Publisher: Cambridge University Press
ISBN: 9781139445283
Category: Law
Page: N.A
View: 7974

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With its unique contextual emphasis and authoritative commentary, Trusts Law: Text and Materials is a book that no serious undergraduate on trust law courses can afford to be without. The book is divided into four main parts: trusts and the preservation of family wealth; trusts and family breakdown; trusts and commerce; and trusts and non-profit activity. Within each of these parts, leading cases, statutes, and historical and research materials are placed alongside the narrative of the author's text to give emphasis both to general theories of trust concepts and to the practical operation of trusts. Attention is also given to important themes such as the developing relationship between trusts law and other areas of private law such as the Law of Restitution. This new edition takes account of all relevant judicial and legislative developments since the third edition, and expands discussion of key themes in current developments of the law.

The Political Economy of Progressive Taxation


Author: Dieter Bös,Bernhard Felderer
Publisher: Springer Science & Business Media
ISBN: 3642749992
Category: Political Science
Page: 220
View: 8806

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This volume presents papers which were given at a conference of the Liberty Fund, Washington, co-sponsored by the Carl-Menger Institute, Vienna. The conference took place in Vienna in January 1988. All papers were subject to a refereeing process; some of them had to be revised very extensively. The economics of progressive taxation have been a research topic ever since economists have dealt with the economic role of the state. Old puzzles are the best: the theoretical underpinning of progressivity still is not fully convincing, even after 200 years of economic research. In the present volume we succeeded in publishing some contributions of outstanding economists which present their visions of the topic. Niskanen distinguishes two types of contributions of public choice analysis to understanding and evaluating the tax and transfer system in modern economics: the positive analysis, which examines the issue of how a tax and transfer system would look if it were established by a government subject to majority rule; . and the normative analysis, which tries to discern an optimal system of taxes and transfers. In the normative case the author distinguishes between the "libertarian perspective", in which each person has full rights to any property that he has acquired legally and in which transfers are determined entirely by the preferences of the donors, and the so-called "constitutional perspective" , in which each person elects the rules affecting taxes without knowledge of his position in the post constitutional distribution.

The Economic Effects of Taxing Capital Income


Author: Jane Gravelle
Publisher: MIT Press
ISBN: 9780262071581
Category: Business & Economics
Page: 339
View: 5411

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How should capital income be taxed to achieve efficiency and equity? In this detailed study, tax policy analyst Jane Gravelle, brings together comprehensive estimates of effective tax rates on a wide variety of capital by type, industry, legal form, method of financing, and across time. These estimates are combined with a history and survey of issues regarding capital income taxation that are aimed especially at bringing the findings of economic theory and recent empirical research to nonspecialists and policymakers. Many of the topics treated have been the subject of policy debate and legislation over the last ten or fifteen years. Should capital income be taxed at all? And, if capital income is to be taxed, what is the best way to do it? Gravelle devotes two chapters to the first question, and then, in answer to the second question, covers a broad range of topics - corporate taxation, tax neutrality, capital gains taxes, tax treatment of retirement savings, and capital income taxation and international competitiveness. Gravelle also includes a comprehensive history of tax institutions and data on constructing effective tax rates that are not available elsewhere.