National Tax Journal articles from June 2007

National Tax Journal archives from June 2007

Using bilateral advance pricing agreements to resolve tax transfer pricing disputes.
June 1, 2007... INTRODUCTION Income earned by a multinational enterprise can be subject to double taxation if multiple tax authorities assert the right to tax the income. In particular, double taxation arises to the extent that governments use different...

Growth, taxes, and government expenditures: growth hills for U.S. states.
June 1, 2007... INTRODUCTION Do taxes and government expenditures enhance or impede economic growth? This question lies at the heart of public finance and taxation policy, both at the national and sub-national levels. In an extensive summary of empirical...

Earned income tax credits and labor supply: new evidence from a British natural experiment.
June 1, 2007... INTRODUCTION During recent years, earned income tax credits (EITCs) have been introduced or expanded in many developed nations. EITCs generally have three goals: to boost labor supply, "make work pay," and improve the wellbeing of...

Simulating the dynamic macroeconomic and microeconomic effects of the FairTax.
June 1, 2007... INTRODUCTION This paper uses a life-cycle general equilibrium model developed in Fehr, Halder, Jokisch, and Kotlikoff (2003), Fehr, Jokisch, and Kotlikoff (2004a, 2004b, 2005a, 2005b) and Jokisch (2006) to study the dynamic macroeconomic...

Marginal tax rates facing low- and moderate-income workers who participate in means-tested transfer programs.
June 1, 2007... "The possible work disincentives and other efficiencies created by the existence of multiple transfer programs is one of the most important, and one of the oldest, issues in the economics of transfer programs in the U.S.A." --Keane and...

Medicaid expenditures and state budgets: past, present, and future.
June 1, 2007... INTRODUCTION Medicaid is one of several major components of the nation's health care system. It has grown dramatically over time and now provides health benefits for approximately 52 million people, about one-sixth of the national...

Public pension plans: myths and realities for state budgets.
June 1, 2007... INTRODUCTION Public employee pension issues are high on the policy agenda in many states. There are, of course, traditional funding problems. But there are newer issues as well, such as attempts to move from defined benefit to defined...

State education spending: current pressures and future trends.
June 1, 2007... INTRODUCTION Since the 1983 report A Nation at Risk, states have increased their focus on almost all aspects of education. For example, states on their own or in response to federal mandates developed new curriculum standards and...