The Economics of Taxation


Author: Henry Aaron,Michael J. Boskin
Publisher: Brookings Institution Press
ISBN: 9780815707066
Category: Business & Economics
Page: 380
View: 6084

Continue Reading →

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.

The Economics of Taxation


Author: Bernard Salanié,Kitty O. Locker
Publisher: MIT Press
ISBN: 9780262194860
Category: Business & Economics
Page: 226
View: 2071

Continue Reading →

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

Economics of Taxation

Normative and Positive Theories
Author: Emanuele Canegrati
Publisher: Nova Science Pub Incorporated
ISBN: 9781612098395
Category: Business & Economics
Page: 140
View: 726

Continue Reading →

Taxation is a very broad field of research in economics. Taxes have an impact on economic agents in every-day life and modify their behaviors and choices. Consumers are influenced by consumption taxes when they have to decide which product to buy, firms must evaluate the effects of taxation on their financial choices in order to choose the right source of financing, and the decision about where to locate their production. Politicians bring topics such as the road pricing and the parking tariffs into their electoral campaigns. Finally, governments are worried about the effects of harmful tax competition, caused by capital outflows and by the escape of tax base towards tax heavens. This new book presents and discusses the topic of the economics of taxation.

The Economics of Tax Policy


Author: Alan J. Auerbach,Kent Smetters
Publisher: Oxford University Press
ISBN: 0190619732
Category: Business & Economics
Page: 352
View: 8584

Continue Reading →

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

Principles, Policy and Practice
Author: Simon R. James,Christopher Nobes
Publisher: N.A
ISBN: 9781906201074
Category: Taxation
Page: 322
View: 6454

Continue Reading →

The 2008/09 edition of this book continues to provide a clear and authoritative introduction to the economic theory of taxation and to its practical operations in the UK. Part 1 of the text examines the principles of taxation, while Part 2 gives a borad-based description and evaluation of the policy and practice of the UK's tax system, highlighting some international comparisons. Features: - revised to include all 2008 Finance Act - Numerical examples and illustrations integrated throughout the text - Chapter by chapter self-assessment and discussion questions, with suggested answers at the end of the text Suitable for undergraduates of all disciplines studying on course in taxation, and other swanting to understand the economics of taxation.

The Economics of Natural Resources in Latin America

Taxation and Regulation of the Extractive Industries
Author: Osmel E. Manzano M.,Fernando Navajas,Andrew Powell
Publisher: Routledge
ISBN: 1351618857
Category: Business & Economics
Page: 240
View: 3275

Continue Reading →

Revenues from commodities are extremely important for Latin America and the Caribbean, yet there is very little literature on the structure of these industries and on the various ways in which the state obtains commodity revenues. This book aims to understand the trade-off between the degree of taxation overall, the profitability of the relevant industry and the amount of investment and subsequent production in the region, as well as the relevance of institutions in the performance of the sector. This volume focuses on economic efficiency: where Latin America stands in terms of the current tax system for the extractive sector; how policies have changed in this regard; and how policies may be improved. The Economics of Natural Resources in Latin America is timely, since this new era of lower and volatile prices and possible reconfiguration of investment flows poses a challenge to natural resource tax systems in the world. The argument of the book will be made by a collection of papers around the issue of tax efficiency in the region and concludes with chapters on institutions and the role of transparency. This book shows that there are varieties of experiences in resource taxation and management of revenues in Latin America that could be used to shape policy interventions in other regions. This variety is not only related to their diverse impact on welfare, but also on the policy challenges faced by the countries in the region. This volume is well suited for those who study and find interest in development economics, political economy and public finance, as well as policy

The Economics of Taxation


Author: Henry J. Aaron,Michael J. Boskin
Publisher: Brookings Institution Press
ISBN: 9780815700142
Category: Business & Economics
Page: 418
View: 5124

Continue Reading →

The Economics of Higher Education

An Analysis of Taxes Versus Fees
Author: John Creedy
Publisher: Edward Elgar Publishing
ISBN: N.A
Category: Education
Page: 152
View: 2730

Continue Reading →

John Creedy provides a highly rigorous technical analysis. . . Journal of Education, Planning and Administration Creedy presents a succinct analysis of the fundamental economic implications of tax-based versus fee-based support of higher education, including fees collected over a lifetime through tax surcharges. The book appears in the midst of raging national debate on financing higher education. While the book is intended for a professional audience, its analytical rigor sold arm economists to more effectively contribute to the public policy debate on higher education finance. The clarity of presentation is a tribute to the author s grasp of the subject matter and its underlying principles. A major contribution is the identification of key interdependencies that flow from the theoretical analysis. Brady J. Deaton, American Journal of Agricultural Economics The rich detail allows the reader to understand subtle interrelationships among variables that might otherwise be missed. The clear explanations of the major results are also very helpful. Donald E. Frey, Southern Economic Journal The debate regarding the increased funding of higher education has focused on specific issues such as whether higher education should be financed through general taxation and the implications of collecting fees later in life through the use of a tax surcharge while largely ignoring the important economic interdependencies which affect them. In The Economics of Higher Education, John Creedy explores the economic foundations of the debate and focuses attention on the process of government decision-making including the precise way that these decisions are affected by the possible external effects of higher education. This book addresses the key issues in the debate using a fully specified model which allows for dispersion of abilities, the individual s decision to invest in higher education and the government s choice of higher education grant, along with the government s budget constraint. This model is also used to consider the effects of alternative tax and grant systems on the distribution of lifetime income within a cohort of individuals, and is extended to allow for the general equilibrium effects of other social transfers to the low paid, along with means testing of grants. The non-technical introduction discusses the author s approach, the framework of analysis and the conclusions which he has reached. As a rigorous analytical contribution to a major public policy debate, this book will be welcomed by policymakers and educationalists, as well as by teachers and researchers in the field of public economics.

Economics of Taxation (13th Edition 2013/14)


Author: Simon James,Christopher Nobes
Publisher: N.A
ISBN: 9781906201227
Category: Business & Economics
Page: 342
View: 8078

Continue Reading →

For over 30 years this textbook has been the leader in its field. Now updated annually, the 2013/2014 edition of this book continues to provide a clear and authoritative introduction to the economic theory of taxation and to its practical operations in the UK. Part 1 of the text examines the principles of taxation, whilst Part 2 gives a broad-based description and evaluation of the policy and practice of the UK's tax system, highlighting international comparisons.

The Economics Of Public Finance


Author: Alan Blinder
Publisher: Atlantic Publishers & Distri
ISBN: N.A
Category: Business & Economics
Page: 435
View: 2523

Continue Reading →

This is the thirty-fifth volume in the Brookings Studies of Government Finance series. In the first of its four essays, “Analytical Foundations of Fiscal Policy,” Alan S. Blinder of Princeton University and Robert M. Solow of the Massachusetts Institute of Technology survey the theoretical and empirical underpinnings of fiscal policy. After discussing how the influence of fiscal policy on macroeconomic activity ought to be assessed, the authors examine and find inadequate the dictum that government should balance the budget rather than the economy. They defend—again both theoretically and empirically—the efficacy of fiscal policy against the monetarist challenge. From an examination of the lags and uncertainties in the operation of fiscal policy and an analysis of the 1968–70 income tax surcharge, they conclude that, although much remains to be learned about the econometrics of policy multipliers, the post-surcharge experience in no way undermines the theoretical foundations of fiscal policy. Where the burdens of various taxes fall has been a matter of intense interest to economic theorists in the last twenty years. As public expenditures (and taxpayer resistance) rise, not only must policy makers try to distribute the burdens of taxation equitably, but they must also attempt to move toward national goals by judicious use of tax instruments. George F. Break of the University of California at Berkeley, in “The Incidence and Economic Effects of Taxation,” a comprehensive review of recent tax literature, focuses on the theoretical studies that have helped to expand knowledge of tax incidence and the empirical studies that support newly developed hypotheses. In each area he surveys—the design of theoretical and general sales and income taxes; the effect of economic choices, both of individuals and businesses, on the national well-being—Break indicates the ground still to be covered and the potential benefits of further inquiry. In “Public Expenditure Budgeting,” Peter O. Steiner of the University of Michigan explores the literature dealing with the hard questions underlying public expenditures. What is the public interest? How does the community decide whether the government should undertake or finance a given activity, instead of leaving it to a private action or inaction? On what basis should incremental expenditure decisions of governmental units be made? Steiner reviews the various approaches scholars have taken to the difficult questions surrounding the appropriateness of governmental provision of particular goods and services. Although he finds none of the models fully satisfactory, his work contributes to the debate concerning the process by which collective values are articulated and collective decisions come to be accepted as binding. Dick Netzer’s “State-Local Finance and Intergovernmental Fiscal Relations” clarifies the debate that centered around the initial proposals for revenue sharing. The author, Dean of New York University’s Graduate School of Public Administration, explores the appropriate distribution of responsibility for public services among federal, state, and local governments, the appropriate revenue systems for the subnational governments, and the appropriate means of coordinating the systems with the responsibilities.

The Economic Psychology of Tax Behaviour


Author: Erich Kirchler
Publisher: Cambridge University Press
ISBN: 9781107321175
Category: Psychology
Page: N.A
View: 9512

Continue Reading →

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 Economic and Compliance Consequences of Taxation

A Report on the Health of the Tax System in New Zealand
Author: Patrick J. Caragata
Publisher: Springer Science & Business Media
ISBN: 1461556953
Category: Business & Economics
Page: 252
View: 7272

Continue Reading →

150 6. 2 Taxation, Economic Growth and Deadweight Loss 152 a. Introduction 152 b. The Tax/GOP Ratio and Economic Growth 155 The Tax Mix and Economic Growth 6. 3 177 6. 4 Taxation and Employment 181 a. Introduction 181 b. Unemployment: An DECO -Wide Problem 184 c. Current Explanations are Unsatisfactory 186 d. Objectives and Methodology 188 e. Labour Force Participation Responses to Tax Changes 188 f. Employment Growth Responses to Tax Changes 189 g. Unemployment Rate Responses to Tax Changes 190 h. Tax Mix Changes and Employment Effects 190 i. Deadweight Loss in Labour Markets 191 j. Conclusions 192 7. REVIEW AND ASSESSMENT OF THE HEALTH OF NEW ZEALAND'S TAX SYSTEM 7. 1 Introduction 195 Measuring the "Health" of the Tax System 7. 2 195 7. 3 Key Findings on the Total Tax level and Tax Mix 196 7. 4 Key Findings on the Hidden Economy and Tax Evasion 210 7. 5 Sources of Tax Evasion 214 7. 6 Tax Evasion Responses to Tax Changes 216 Trends in Corporate Tax Payments 219 7. 7 7. 8 Key Findings on Economic Growth and Employment 224 7. 9 'Best Practice' Tax Policy Frontiers and their Implications 229 Summary Scorecard: Economic, Compliance and Revenue Health of 7. 10 the Tax System in New Zealand 231 Appendices Working Papers on Monitoring the Health of the Tax System 1. 234 2.

Sports, Jobs, and Taxes

The Economic Impact of Sports Teams and Stadiums
Author: Roger G. Noll,Andrew Zimbalist
Publisher: Brookings Institution Press
ISBN: 9780815720409
Category: Business & Economics
Page: 525
View: 9323

Continue Reading →

America is in the midst of a sports building boom. Professional sports teams are demanding and receiving fancy new playing facilities that are heavily subsidized by government. In many cases, the rationale given for these subsidies is that attracting or retaining a professional sports franchise—even a minor league baseball team or a major league pre-season training facility--more than pays for itself in increased tax revenues, local economic development, and job creation. But are these claims true? To assess the case for subsidies, this book examines the economic impact of new stadiums and the presence of a sports franchise on the local economy. It first explores such general issues as the appropriate method for measuring economic benefits and costs, the source of the bargaining power of teams in obtaining subsidies from local government, the local politics of attracting and retaining teams, the relationship between sports and local employment, and the importance of stadium design in influencing the economic impact of a facility. The second part of the book contains case studies of major league sports facilities in Baltimore, Chicago, Cincinnati, Cleveland, Indianapolis, San Francisco, and the Twin Cities, and of minor league stadiums and spring training facilities in baseball. The primary conclusions are: first, sports teams and facilities are not a source of local economic growth and employment; second, the magnitude of the net subsidy exceeds the financial benefit of a new stadium to a team; and, third, the most plausible reasons that cities are willing to subsidize sports teams are the intense popularity of sports among a substantial proportion of voters and businesses and the leverage that teams enjoy from the monopoly position of professional sports leagues.

Social Issues

The Ethics and Economics of Taxes and Public Programs
Author: John C. Winfrey
Publisher: Oxford University Press on Demand
ISBN: 9780195114331
Category: Business & Economics
Page: 222
View: 3430

Continue Reading →

Given the recent cuts in government budgets, issues such as taxation, welfare, education, health care, Social Security, and environmental protection are drawing increased public awareness. The government programs directed at these issues are the subject of intense debate, with one underlying question: how to divide resources equitably among all members of society. In order for these moral conflicts to be resolved, however, a much better understanding of the moral as well as the economic dimensions of the issues and proposed reforms is needed. Social Issues provides the necessary framework for discussing and resolving today's most pressing social issues. This approach to ethics, termed social ethics, presumes that moral principles should be evaluated in terms of their relevance to a specific situation or social issue. The social ethics approach allows for moral principles to be weighed in the context of social programs such as welfare reform, taxes, health care, education, Social Security, and the environment. The basic perspectives of economic, political, and social theory can greatly enhance understanding of the issues, the programs, and the possible reforms. Many recent reform proposals seek to enhance the efficiency of social programs by deregulation and privatization. It is important to examine why the market originally failed to address and resolve these issues. Here the role of economic analysis becomes crucial: the success of reforms depends on an appreciation of the special characteristics of related goods and activities. Social Issues provides a forum for open discussion in which the moral values and political and economic viewpoints of differing perspectives are entertained, discussed, and evaluated.

Making People Pay

The Economic Sociology of Taxation
Author: Sibichen K. Mathew
Publisher: Partridge Publishing
ISBN: 1482801485
Category: Social Science
Page: 326
View: 2002

Continue Reading →

Can a complex subject like tax compliance be handled in such a simple manner? Sibichen K Mathew is successful in presenting his in-depth study on what makes people pay taxes or what prevents them from paying in a very interesting style. The Author takes us through the history, the economics and the politics of taxation to dissect the interconnected issues related to tax evasion and tax enforcement. He forcefully argues that the economic models are unable to fully explain the behaviour of taxpayers. For, if the tax laws are complex, the human mind is much more complex to yield to the economic models. His arguments are supported by data on attitudes, perceptions and experience of taxpayers, many of whom declare themselves to be tax evaders. The author also analyzes the sociological and economic causes and consequences of tax evasion and tax enforcement in the global context. The author has also briefly referred to the tax challenges thrown up by the integrated world economy. The solution offered is scaling up of international cooperation on a significant scale. The insights gained from these incisive analyses have enormous implications for policy makers as well as tax administrators all over the world. The taxpayers, tax practitioners and the students of social sciences would also find this book enriching.

Taxation by telecommunications regulation

the economics of the e-rate
Author: Jerry A. Hausman,American Enterprise Institute for Public Policy Research
Publisher: Aei Pr
ISBN: N.A
Category: Business & Economics
Page: 41
View: 3214

Continue Reading →

This book calculates the deadweight loss caused by the inefficient method of taxation that the Federal Communications Commission has employed and describes an alternative method.

International Handbook on the Economics of Tourism


Author: L. Dwyer
Publisher: Edward Elgar Publishing
ISBN: 1847201636
Category: Business & Economics
Page: 520
View: 3038

Continue Reading →

Tourism economics is a rapidly expanding field of research and interest in the subject has been growing steadily over the past decade. As a field of study it is one of the small band of areas, such as energy and transport economics, that draws on, and applies, developments in general economics. This highly accessible and comprehensive Handbook presents a cutting edge discussion of the state of tourism economics and its likely directions in future research. Leading researchers in the field explore a wide range of topics including: demand and forecasting, supply, transport, taxation and infrastructure, evaluation and application for policy-making. Each chapter includes a discussion of its relevance and importance to the tourism economics literature, an overview of its main contributions and themes, a critical evaluation of existing literature and an outline of issues for further conceptual and applied research. Larry Dwyer and Peter Forsyth have assembled a fascinating Handbook that will be an invaluable and much welcomed reference book for tourism economics scholars and researchers at all levels of academe. General economics scholars will also find much to engage them within the book.