National Tax Journal articles from June 1993

National Tax Journal archives from June 1993

The relationship between federal and state individual income tax progressivity.
June 1, 1993... INTRODUCTION The U.S. federal and state income tax systems are linked by the deductibility of state income tax payments on the federal return (for those who itemize deductions). The value of the state tax payment deduction on the...

Incidence of the property tax on commercial real estate: the case of downtown Chicago.
June 1, 1993... INTRODUCTION The incidence of the local property tax on nonresidential real estate is an important empirical issue in local public finance. The conventional view, which stems from Mieszkowski (1972), is that interjurisdictional...

Subsidies financed with distorting taxes.
June 1, 1993... An important part of government spending is devoted to the subsidization of the production (or consumption) of particular goods and services, Externalities are often cited as the justification for such subsidies, and the familiar textbook...

Property taxation, property base, and property value: an empirical test of the "new view."
June 1, 1993... INTRODUCTION Property taxation is controversial in the United States. Reasons for this controversy are numerous. Property taxes are highly visible and usually assessed on a household's biggest consumption item and a household's or...

Taxation, equity, and growth: exploring the trade-off between shareholder dividend tax relief and higher corporate income taxes.
June 1, 1993... "To change the present U.S. tax system, reformers will have to convince the public of two things. One is that the economic gains from shifting to a more integrated income tax system are significant. The second is that...

Tax competition among jurisdictions with public and private employment.
June 1, 1993... Local governments are often believed to compete with one another for residents and, more importantly, businesses. Attracting firms into a jurisdiction is desirable, because it means an increase in jobs and incomes for the inhabitants. The...

Evaluating fuel tax equity: direct and indirect distributional effects.
June 1, 1993... A recent proposal by the Clinton administration calls for a general tax on all energy products. Along with raising revenue, such a tax has the desirable effects of conserving finite resources, reducing pollution emissions, and reducing...

Threading the fiscal labyrinth: some issues in fiscal decentralization. (Symposium on Fiscal Decentralization)
June 1, 1993... INTRODUCTION In recent years, there has been a worldwide revival of interest in fiscal decentralization. The so-called "countries in transition" of eastern Europe, for example, are busily setting up new systems of local and...

A policymaker's guide to fiscal decentralization. (Symposium on Fiscal Decentralization)
June 1, 1993... Fiscal decentralization has been an important topic among public finance economists for nearly 40 years now, but recently it has become important in the real world as well. The United States has, in effect, implemented a decentralization...

Fiscal decentralization and economic development. (Symposium on Fiscal Decentralization)
June 1, 1993... The point of departure for my contribution to this symposium is the striking contrast in the extent of fiscal centralization of the industrialized and the developing countries: government in the developing nations appears to be far more...

Reviving the American Dream: The Economy, the States, and the Federal Government.
June 1, 1993... By ALICE M. RIVLIN. Washington, D.C.: The Brookings Institution, 1992. Pp. 196. Alice Rivlin has written an important book. It has received broad notice and attracted the attention of policy elites who usually think about federalism in the...

Sales Taxation: Critical Issues in Policy and Administration.
June 1, 1993... By WILLIAM F. FOX, ed. Westport: Praeger, 1992. Pp. 187. If one were to draw up a list of important issues surrounding the sales tax, the first concern on most lists would be the taxation of services. Base-broadening through the inclusion...

Why People Pay Taxes: Tax Compliance and Enforcement.
June 1, 1993... By JOEL SLEMROD, ed. Ann Arbor: The University of Michigan Press, 1992. Pp. 361, As an economist whose job is to administer a large state tax system, it is heartening to see economists applying their powerful analytical methods to the...