National Tax Journal articles from December 1992

National Tax Journal archives from December 1992

Incidence effects of a state fiscal policy shift: the Florio initiatives in New Jersey.
December 1, 1992... Introduction A number of states in the United States have experienced fiscal strains in recent years. As a result, they are having to consider politically painful steps to achieve budgetary control. To understand the consequences of...

An examination of taxpayer preference for aggressive tax advice.
December 1, 1992... Introduction Only recently have researchers begun to address the role of the tax practitioner in the U.S. income tax system. Most of this work addresses either the demand for tax preparation services and related cost and service...

Evaluating the impact of school finance reform on the provision of public education: the California case.
December 1, 1992... Introduction RECENT challenges to the school financing systems in a number of states have brought back to the fore the problem of equity in school financing (The New York Times, February 12, 1992, p. B6). The likely result of these...

The optimal exemption.
December 1, 1992... This paper uses simulations over a representative twenty-person economy to find the optimal exemption under a flat-rate income tax system. Hall and Rabushka (1983) and later Lindsey (1990) have argued that the current income tax system should...

The impact of the hotel room tax: an interrupted time series approach.
December 1, 1992... Introduction TRAVEL destinations commonly levy special tourist taxes to finance public services demanded by tourists and residents. A popular tax is the ad valorem hotel room (transient accommodation) occupancy tax, typically assessed...

The Tax Decade: How Taxes Came to Dominate the Public Agenda.
December 1, 1992... The Tax Decade covers both the history of, and some of the economic issues joined in, one of the most interesting episodes in the making of Federal tax policy. The rate cuts and significant investment incentives of 1981 were followed by a...

Taxes and Business Strategy: A Planning Approach.
December 1, 1992... "Taxes and Business Strategy" is a joint product of Myron Scholes (best-known for the Black-Scholes options pricing formula) and Mark Wolfson. Both are at the Stanford Business School, and they have often collaborated in the past. Many of their...

Who Benefits from State and Local Economic Development Policies?
December 1, 1992... Economic development policies continue to be a hotly-debated activity of state and local governments. The debate is not limited to whether the benefits of such policies outweigh the costs. The jury is still out on whether economic development...

Rent-seeking and peak-load pricing of public services: an extension. (response to D.R. Lee and P.W. Wilson, National Tax Journal, vol. 43, Dec 1990)
December 1, 1992... A recent paper by Lee and Wilson (1990) on the effect of rent-seeking on optimal peak-load pricing of public services makes the interesting point that rent-seeking may cause the peak price to be lower than the off-peak price. The purpose of...