National Tax Journal articles from June 1999

National Tax Journal archives from June 1999

Sales taxes and prices: an empirical analysis. (Statistical Data Included)
June 1, 1999... INTRODUCTION One of the most fundamental questions in public finance is who bears the burden of taxes--the "incidence of taxation." This question has received a great deal of attention, especially at the theoretical level. However, it...

A test of the theory of tax clienteles for dividend policies. (Statistical Data Included)
June 1, 1999... INTRODUCTION In general, returns to common stock investors are received and taxed as dividends or capital gains.(1) Dividends and capital gains are differentially taxed to individual investors, corporate investors, and...

Is charitable giving by nonitemizers responsive to tax incentives? New evidence.
June 1, 1999... INTRODUCTION At present, the U.S. tax code only permits taxpayers who itemize their deductions to deduct for tax purposes the value of their charitable giving. Nonitemizers claim the standard deduction in lieu of reporting any itemized...

Economies of scale in property tax assessment. (Statistical Data Included)
June 1, 1999... INTRODUCTION Empirical estimates of economies of scale in the provision of government services are useful in decisions regarding jurisdiction or service consolidations, and in decisions concerning the reassignment of functions to special...

The effect of tax and expenditure limitations on the revenue structure of local government, 1962-87. (Statistical Data Included)
June 1, 1999... INTRODUCTION During the 1970s and 1980s, voters supported many new, and in some cases more restrictive, state-imposed tax and expenditure limits (TELs) on local governments.(1) In the aftermath of this new round of TELs, there have been...

Federalism, grants, and fiscal equalization. (Statistical Data Included)
June 1, 1999... The role of interjurisdictional grants has long been of major concern in the study of fiscal federalism. Such transfers have been seen to serve a variety of functions. Depending on the organization of the federal structure, they may be needed...

Social Security and saving:a comment. (Statistical Data Included)
June 1, 1999... INTRODUCTION In 1974, Feldstein (1974) published a study of the overall impact of the Social Security system on aggregate savings and capital accumulation. Using an empirical model based on a general "life-cycle" framework similar to the...

Theories of tax competition.
June 1, 1999... INTRODUCTION The modern literature on tax competition began with an attempt to understand the potential efficiency problems associated with competition for capital by local governments. Oates (1972, p. 143) describes this problem as...

Lessons from behavioral responses to international taxation.
June 1, 1999... INTRODUCTION The evolution of American economic policy mirrors the increasing openness of the world economy. Economic well-being in the United States is affected by the performance of foreign economies and the economic policies of foreign...

Erratum.
June 1, 1999... Meguire, Philip, "Comment: Social Security and Private Saving." National Tax Journal 51 No. 2 (June, 1998): 339-58. P. 346, col. 1. The last two sentences in the first paragraph after the heading LCF Specification should read: ...