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Journal Article
Til death do u$ part.

Regional Review , Volume 11 , Issue Q 2 , Pages 27 - 30

Journal Article
The neutrality of Massachusetts' taxation of financial institutions

The provision of financial services has changed dramatically over the past two decades. Technological innovation and deregulation have extended providers' geographic range and broadened the array of products they are capable of delivering. These changes have intensified competition among financial service firms. In recent years Massachusetts, like other states, has passed legislation designed to narrow disparities among the tax burdens of these institutions. At the same time, the Commonwealth has passed tax cuts designed to enhance the competitiveness of Massachusetts-based financial ...
New England Economic Review , Issue May , Pages 41-56

Journal Article
Taxing habits

An American tradition since the Puritans, "sin" taxes on tobacco and alcohol discourage harmful consumption and raise revenue, but they also fall disproportionately on the poor.
Regional Review , Issue Q 1 , Pages 19-26

Journal Article
Update: public utility taxation in Illinois

Economic Perspectives , Volume 10 , Issue Jan

Journal Article
Inflation and taxes: disincentives for capital formation

Review , Volume 60 , Issue Jan , Pages 2-8

Working Paper
Capital taxation with entrepreneurial risk

This paper studies the effects of capital taxation in a dynamic heterogeneous-agent economy with uninsurable entrepreneurial risk. Although it allows for rich general-equilibrium effects and a stationary distribution of wealth, the model is highly tractable. This permits a clear analysis, not only of the steady state, but also of the entire transitional dynamics following any change in tax policies. Unlike either the complete-markets paradigm or Bewley-type models where idiosyncratic risk impacts only labor income, here it is shown that capital taxation may actually stimulate capital ...
Finance and Economics Discussion Series , Paper 2010-56

Working Paper
Tax competition among U.S. states: racing to the bottom or riding on a seesaw?

This paper provides an empirical analysis of the determination of capital tax policy by U.S. states based on new panel data, a new econometric technique, and a new theoretical model. The analysis is undertaken with a panel data set covering all 48 contiguous states for the period 1969 to 2004 and is guided by the theory of strategic tax competition. The latter suggests that capital tax policy is a function of out-of-state tax policy, in-state and out-of-state economic conditions, and, perhaps most importantly, preferences for government services. Using the Common Correlated Effects Pooled ...
Working Paper Series , Paper 2008-03

Future state business tax reforms: a conference summary

On September 17, 2007, the Federal Reserve Bank of Chicago, Ernst & Young, and the Office of Tax Policy Research at the University of Michigan?s Ross School of Business brought together over 120 business people, academics, and public policymakers to examine the changing dynamics of state business taxation.
Chicago Fed Letter , Issue Dec

Working Paper
Entrepreneurship and State Taxation

Entrepreneurship plays a vital role in the economy, yet there exists little well-identified research into the effects of taxes on startup activity. Using recently developed county-level data on startups, we examine the effect of states' corporate, personal and sales tax rates on new firm activity and test for cross-border spillovers in response to these policies. We find that new firm employment is negatively?and disproportionately?affected by corporate tax rates. We find little evidence of an effect of personal and sales taxes on entrepreneurial outcomes. Our results are robust to changes in ...
Finance and Economics Discussion Series , Paper 2018-003

Taxation of human capital and wage inequality: a cross-country analysis

Wage inequality has been significantly higher in the United States than in continental European countries (CEU) since the 1970s. Moreover, this inequality gap has further widened during this period as the US has experienced a large increase in wage inequality, whereas the CEU has seen only modest changes. This paper studies the role of labor income tax policies for understanding these facts. We begin by documenting two new empirical facts that link these inequality differences to tax policies. First, we show that countries with more progressive labor income tax schedules have significantly ...
Staff Report , Paper 438



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Tannenwald, Robert 11 items

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