National Tax Journal articles from March 2000

National Tax Journal archives from March 2000

An analysis of the relative U.S. tax burden of U.S. corporations having substantial foreign ownership.(Statistical Data Included)
March 1, 2000... INTRODUCTION Many studies have documented a lower income tax burden for U.S. operations of foreign companies relative to other U.S. firms. Explanations offered for this circumstance include transfer pricing manipulations, differences in...

Must financial services be taxed under a consumption tax?
March 1, 2000... INTRODUCTION Many think that a consumption tax should fully tax consumers' use of financial services, but implementing such taxation has proven difficult. Indeed, the proper taxation of consumers' use of financial services has been one of...

Investing Social Security in the equity market. Does it make a difference?
March 1, 2000... INTRODUCTION Private pension funds and the social security trust fund can be viewed as pools of money that are invested in financial assets today to provide benefits for retirees at some time in the future. At the present time, the trust...

Interstate cigarette bootlegging: extent, revenue losses, and effects of federal intervention.(Statistical Data Included)
March 1, 2000... INTRODUCTION Large differences in state cigarette excise tax rates can lead to smuggling of cigarettes from low to high tax states. Smuggling originates both with consumers who cross state lines to purchase cigarettes in low tax states...

The impact of mandates and tax limits on voluntary contributions to local public services: an application to fire-protection services.(Statistical Data Included)
March 1, 2000... INTRODUCTION The 1970s and 1980s saw the increased intervention of both the federal government in state and local government policies and state governments in local policies through mandates and tax/expenditure limits. From 1971 to 1978,...

Did distortionary sales taxation contribute to the growth of the service sector?(Statistical Data Included)
March 1, 2000... INTRODUCTION "Virtually all of the vast increase in the size of the U.S. labor force that has occurred since World War II, a total of some 46.3 million jobs between 1948 and 1986, is accounted for by the rise in service-sector employment"...

Federal grants and social welfare spending: do state responses matter?(Statistical Data Included)
March 1, 2000... In a decentralized federal system such as the United States, the realization of distributional goals requires the joint fiscal effort and cooperation of several layers of government. If fiscal responsibility for redistribution were left...

Local government responses to education grants.(Statistical Data Included)
March 1, 2000... INTRODUCTION In the provision of education in the United States, one important characteristic is that governmental responsibility for generating revenue is substantially separated from the responsibility for producing the service. Local...

Fiscal Federalism and State-Local Finance: The Scandinavian Perspective.(Review)
March 1, 2000... Fiscal Federalism and State-Local Finance: The Scandinavian Perspective. Edited by JORN RATTSO. Northhampton, MA: Edward Elgar Publishing, Inc., 1998. Pp. 422. THE SURPRISING SCANDINAVIAN MODEL OF FEDERALISM This book is part of a...

The influence of taxes on employment and population growth: evidence from the Washington, D. C. metropolitan area.(Statistical Data Included)
March 1, 2000... INTRODUCTION The last 20 years have witnessed a pattern of economic development in many mature metropolitan areas that is broadly characterized by a declining central city surrounded by more prosperous and growing suburbs. Nowhere is this...

The Labyrinth of Capital Gains Tax Policy: A Guide for the Perplexed.(Review)
March 1, 2000... The Labyrinth of Capital Gains Tax Policy: A Guide for the Perplexed. By LEONARD E. BURMAN. Washington, D.C.: Brookings Institution Press, 1999. Pp. 196. The Labyrinth of Capital Gains Tax Policy is aptly named; here is an outstanding...