National Tax Journal articles from December 1999

National Tax Journal archives from December 1999

Tax rates and work incentives in the Social Security Disability Insurance Program: current law and alternative reforms.(Statistical Data Included)
December 1, 1999... INTRODUCTION Both academic and policy interest in the disabled and in disability programs in the United States have increased in the last decade. Public support for greater employment of disabled individuals has increased and has resulted...

A distributional analysis of geen tax reforms.(Statistical Data Included)
December 1, 1999... INTRODUCTION Should we raise environmental taxes? This question has been asked increasingly in the face of widespread environmental problems, including global warming, air and water pollution, and a host of other environmental problems...

Achieving "program neutrality" under a national retail sales tax.(Statistical Data Included)
December 1, 1999... INTRODUCTION Recently, proposals to replace most federal taxes with a national retail sales tax have received wide attention. Examples of such proposals include H.R. 2001, sponsored by Congressmen Dan Schaefer and Billy Tauzin, and the...

The effect of risk and tax differences on corporate and limited partnership capital structure.(Statistical Data Included)
December 1, 1999... INTRODUCTION This paper extends our understanding of the factors that contribute to capital structure differences across organizational form. Focusing on observed capital structure differences between limited partnerships (LPs) and...

The Tax Reform Act of 1986 and the composition of consumer debt.(Statistical Data Included)
December 1, 1999... INTRODUCTION The Tax Reform Act of 1986 (TRA 86) substantially changed the tax treatment of consumer debt. The TRA 86 phased out the deductibility of nonmortgage interest payments, while leaving mortgage interest payments fully deductible....

The tax incidence of three Texas lottery games: regressivity, race, and education.(Statistical Data Included)
December 1, 1999... INTRODUCTION The government of the state of Texas, like the governments of many other states, has recently turned to lottery games as a means of supplementing existing revenue sources. Declines in traditionally important revenue sources...

Tax compliance and advance tax payments: a prospect theory analysis.(Statistical Data Included)
December 1, 1999... INTRODUCTION Empirical and experimental evidence suggests that advance tax payments may play an effective role in tax authorities' enforcement strategy. Cox and Plumley (CP, 1988) found that voluntary compliance rates in the United States...

On the performance and use of government revenue forecasts.(Statistical Data Included)
December 1, 1999... INTRODUCTION Over the years, a key issue in the design of fiscal policy rules has been the accuracy of government budget forecasts, particularly those of tax revenues. During the early years of the Reagan administration, "supply-side"...

Social Security privatization: what are the issues?(Statistical Data Included)
December 1, 1999... Social Security privatization is now receiving much attention in policy circles. Proposed privatization plans range from modest changes in the mix of assets held by the Social Security trust fund to the phased-in replacement of all Social...

Reforming Social Security: the case against individual accounts.
December 1, 1999... There is remarkable agreement among economists on most of the analytical aspects of the Social Security debate (Diamond, 1999). They generally agree that the size of the financing shortfall described in the Social Security Trustees' Annual...

Social Security reform in the United States.
December 1, 1999... INTRODUCTION The leading domestic policy issue of the 1990s has been the looming financial crisis in the Social Security system. This crisis is the result of long-term demographic and economic factors that have moved against the...

The Economics of Fiscal Federalism and Local Finance.(Review)
December 1, 1999... The Economics of Fiscal Federalism and Local Finance. WALLACE OATES, Ed. Northampton, MA: Edward Elgar Publishing, 1998 As part of the new Edward Elgar series entitled The International Library of Critical Writings in Economics, Wallace...