National Tax Journal articles from September 1992

National Tax Journal archives from September 1992

The new intercompany pricing regulations. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... In January, 1992 the Internal Revenue Service issued Proposed Regulations under Code Section 4821 (the "proposed regulations"(2)) addressing transfers of intangible and tangible property between related parties. The Proposed Regulations...

Daniel Holland - in memoriam. (former editor of National Tax Journal)
September 1, 1992... Arriving at our Williamsburg Conference last fall I got the second worst piece of news that I have received recently, that our friends Dan and Jeanne Holland would not be there because Dan was back in the hospital. The worst news came a month...

Approaches to corporate integration: the Treasury Department report. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... Although integration of the corporate and individual tax systems in the United States is a familiar topic,(1) recent developments support a fresh look at integration. Australia adopted an integrated tax system in 1987, and New Zealand did the...

The proposed transfer pricing regulations: comments and concerns. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... More than five years after the passage of the commensurate-with-income amendment to section 482 of the Internal Revenue Code, the Treasury Department and the Internal Revenue Service recently released proposed transfer pricing regulations under...

Taxes and spending in the age of deficits: a view from Washington and academe. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... As I am spending a brief period in Washington on leave from my university position, it might be appropriate to offer a subtitle for my presentation: "What I learned in Washington on my school vacation." Indeed, I wish to talk about what I have...

The effects of taxation on investment: new evidence from firm level panel data. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... "The discrepancy between theory and empirical work is perhaps nowhere in macroeconomics so obvious as in the case of the aggregate investment function," (Olivier Blanchard) "One of the best established facts in macroeconomics is that...

Real estate markets since 1980: what role have tax changes played? (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... Shortly after passage of the 1986 Tax Act, we wrote a two-part paper on tax reform (Follain, Hendershott, and Ling, 1987). In the first part, we developed a "theory" of tax law changes that interpreted the lengthened tax depreciation schedules...

The effects of tax reform on charitable contributions. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... DURING the 1980's, the top marginal income tax rates for individuals were reduced from 70 percent to 28 percent (33 percent in the "Bubble" income range), and, in general, marginal tax rates for other incomes were also reduced. While these...

Do tax incentives work? The real effects of the Tax Reform Act: comment. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... Dramatic changes in the federal tax code during the 1980s offer an unprecedented opportunity to assess the reliability of prevailing theories of taxation and our understanding of the relations between taxes and economic activity. The three...

Economic change and the evolving state tax structure: the case of the sales tax. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... State governments had to cope with major changes in their fiscal environment during the 1980s, including tax and expenditure limitations, declining federal aid, and changes in federal tax policy. In addition, there have been socio-economic...

Sorting out state expenditure pressures. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... The 1980s were a turbulent decade for state governments. The new federalism espoused with fervor, but only partially implemented, by the two Reagan administrations resulted in the states becoming bigger players in domestic expenditure policy,...

Tax preferences and employment-based health insurance. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... The tax subsidy for employment-based insurance has been an important factor in the widespread access of middle- and upper-class working people to comprehensive health insurance and high quality medical care. This subsidy--allowing employers to...

The president's 1992 Health Care White Paper: an economic perspective. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... On February 6, 1992, President Bush submitted a proposal for comprehensive health care reform (The President's Comprehensive Health Reform Program, hereafter referred to as the White Paper). This paper summarizes some of the features of the...

Beyond paralysis in health policy: a proposal to focus on children. (National Tax Association Symposium: Taxes and Spending in the Age of Deficits)
September 1, 1992... For some time now the health care debate in the United States has been intense, but with little movement toward any consensus. At the same time, government expenditures on health have increased dramatically every year, yet seldom because of new...