National Tax Journal articles from June 1995

National Tax Journal archives from June 1995

The welfare state and economic performance.
June 1, 1995... "The size of government has become a major issue in many parts of the Western world. In the United States, the movement to halt and, if possible, reverse the upward trend of government spending has gathered strength in recent years.... In Great...

Did Serrano cause a decline in school spending? (Serrano v. Priest)
June 1, 1995... In 1970, California ranked 11th among states in public school spending per pupil, 13 percent above the average of all other states. By 1990, it had fallen to 30th, ten percent below that average. To observers of California's fiscal politics, the...

The administrative and compliance cost of manual highway toll collection: evidence from Massachusetts and New Jersey.
June 1, 1995... INTRODUCTION The levying of taxes imposes a burden on society, by changing behavior as well as through administrative and compliance costs. While academic economics has traditionally focused its attention on only the welfare costs of taxation...

Charitable contributions to international relief and development.
June 1, 1995... INTRODUCTION In the past 20 years, economists have devoted considerable effort to investigating the determinants of private charitable giving. Research interest in charitable behavior stems from several sources. First, total annual...

The lock-in effect of capital gains taxes: evidence from the RJR Nabisco leveraged buyout.
June 1, 1995... INTRODUCTION This paper estimates the lock-in effect of capital gains taxes on the sale of RJR Nabisco stock during its 1989 leveraged buyout (LBO). Tests of the association between the price of the stock and shareholders' tax bases at the...

The corporate income tax: economic issues and policy options.(Symposium on the Corporate Income Tax)
June 1, 1995... The United States still relies, although less heavily than it did in the past, on revenues from the corporate income tax. While the tax is currently a distant third in share of federal revenues, trailing both the individual income tax and the...

Changing views of the corporate income tax.(Symposium on the Corporate Income Tax)
June 1, 1995... INTRODUCTION Under a "classical" corporate tax system such as that prevailing in the United States, income from equity-financed corporate investment is taxed twice: at the corporate level a tax is levied on corporate profits after deduction...

Failure in British Government: The Politics of the Poll Tax.
June 1, 1995... After her election victory in 1987, Margaret Thatcher announced that a radical new form of local taxation would be the "flagship" of her new administration. In place of the discredited residential property tax, she would introduce a poll tax, a...

Fiscal Equalization for State and Local Government Finance.
June 1, 1995... In this volume, John Anderson has collected and edited seven papers, originally presented at a conference jointly sponsored by the National Tax Association and the National Council of State Legislatures, exploring both the concept of fiscal...