National Tax Journal articles from June 2006

National Tax Journal archives from June 2006

Comparing the impacts of social security benefit reductions on the income distribution of the elderly.
June 1, 2006... INTRODUCTION Social Security in the United States is projected to remain solvent only until 2041, according to the intermediate assumptions of the U.S. Social Security Administration Board of Trustees (2005). To prepare for the anticipated...

The implicit tax on work at older ages.
June 1, 2006... INTRODUCTION One way of relieving the economic pressures created by an aging population would be to encourage workers to delay retirement. As society grows older, there is increasing concern about the ability of workers to pay enough taxes...

The compliance costs of maintaining tax exempt status.
June 1, 2006... INTRODUCTION "I believe that reporting to the public is a good thing; accountability is important." "It stinks--we could donate a lot more to the community without it." "Can't you make it easier?" --Responses of three...

The behavioral response of wealth accumulation to estate taxation: time series evidence.
June 1, 2006... INTRODUCTION Taxes on capital, by reducing rates of return, may influence saving decisions. As with income taxes that apply to capital gains, interest, and dividends, estate and inheritance taxes may also reduce rates of return (Poterba,...

International tax avoidance and U.S. international trade.
June 1, 2006... INTRODUCTION This paper undertakes an empirical investigation of the effects of international taxation on U.S. international trade flows. First, it outlines the theoretical reasons one would expect international taxation to affect both the...

The public role in higher education.
June 1, 2006... INTRODUCTION What should be the public role in higher education? Asked by an American economist in 2005 (say, an editor of the National Tax Journal), the question carries a skeptical connotation, almost a challenge. Given the neoclassical...

The cost of complexity in federal student aid: lessons from optimal tax theory and behavioral economics.
June 1, 2006... INTRODUCTION The complexity of the federal tax code has been the focus of reform efforts for decades and has received considerable attention in the economic literature. The federal system for distributing student financial aid is similarly...

Opportunities for low-income students at top colleges and universities: policy initiatives and the distribution of students.
June 1, 2006... INTRODUCTION There is no question that students from the most economically disadvantaged families are underrepresented at the nation's most highly ranked and resource-intensive colleges and universities. Although low-income students are...

Fiscal Decentralization and the Challenge of Hard Budget Constraints.(Book review)
June 1, 2006... Fiscal Decentralization and the Challenge of Hard Budget Constraints. Edited by JONATHAN A. RODDEN, GUNNAR S. ESKELAND, and JENNIE LITVACK. Cambridge, MA: The MIT Press, 2003, pp. 476. The virtues of fiscal decentralization have long been...

Company Tax Reform in the European Union: Guidance from the United States and Canada on Implementing Formulary Apportionment in the EU.(Book review)
June 1, 2006... Company Tax Reform in the European Union: Guidance from the United States and Canada on Implementing Formulary Apportionment in the EU. By JOANN MARTENS-WEINER. New York: Springer, 2006, pp. 122. (1) Most countries tax net income earned by...