National Tax Journal articles from March 1992

National Tax Journal archives from March 1992

Social security rules and marginal tax rates.
March 1, 1992... ABSTRACT The analysis in this paper shows how current social security benefit rules have created a variety of social security net marginal tax rates that differ by age, sex, marital status, and income in ways that reduce the equity and...

Toward a global excise on carbon.
March 1, 1992... ABSTRACT The earth seems to be slowly cooking, a process known as global warming. Global warming is correlated to the build-up of carbon dioxide [CO.sub.2] in the atmosphere. It is predicted that without counter measures, anthropogenic...

State taxation of interest income and municipal borrowing costs.
March 1, 1992... ABSTRACT This study uses a sample of individual municipal bonds to estimate the effect of state exemption of municipal bond interest income on the yield to maturity offered by public issuers to finance their debt. The estimated average...

Capital gains redux: why holding periods matter.
March 1, 1992... ABSTRACT Changes in the tax rate on capital gains have profound effects on the volume of gains individuals choose to realize. While much of the recent policy debate has focused upon the magnitude of taxpayer response, this paper...

Tax neutrality and the tax treatment of purchased intangibles.
March 1, 1992... ABSTRACT Numerous IRS/taxpayer disputes about the amortization periods for purchased intangibles have led to proposals for legislation to establish statutory amortization periods. Should Congress decide to legislate in this area, this...

Estimating the determinants of taxpayer compliance with experimental data.
March 1, 1992... ABSTRACT The fundamental difficulty in empirical work on taxpayer compliance is the absence of detailed and reliable information on individual compliance choices. This paper uses data from laboratory experiments to estimate individual...

An excise tax that reduces price.
March 1, 1992... A standard prediction of economic theory is that an excise tax imposed on sales in either a competitive or a monopolistic market will reduce the output and increase the price of the taxed commodity. This prediction is based on the assumption...