National Tax Journal articles from September 2000

National Tax Journal archives from September 2000

Microsimulation estimates of the effects of Tax subsidies for health insurance.
September 1, 2000... INTRODUCTION The dramatic rise and high rates of uninsured people in the U.S., despite an economic boom that has had only one interruption in 15 years, is striking. In 1987, 14.8 percent of non-elderly Americans were without health...

A quarter century of estate tax reforms.
September 1, 2000... INTRODUCTION The Federal government experimented with a number of transfer taxes before enacting the estate tax in 1916. The tax was enacted at a time of looming budget deficits in an environment of heightened concerns over the risks posed...

Tax cuts or spending - does it make a difference?
September 1, 2000... INTRODUCTION While politicians and advocacy groups argue about how much of the current and projected Federal budget surplus should be used for tax cuts, commentators are focusing less attention on how much of proposed cuts are really...

Electronic commerce beyond the "dot com" boom.
September 1, 2000... INTRODUCTION Electronic commerce, the buying, selling, and exchange of information about products and services over public or private communications networks, has captured the attention of business leaders like no other innovation in...

Welfare reform and the role of tax policy.
September 1, 2000... INTRODUCTION The federal welfare reform statute, enacted in 1996, had ambitious goals for changing the behavior of single women with children--the largest group of adults receiving cash assistance through the Aid to Families with Dependent...

State low-income tax relief: recent trends.
September 1, 2000... INTRODUCTION THE GROWING PROBLEM OF POVERTY DESPITE WORK AND THE ROLE OF STATE AND LOCAL TAXES The need for low-income tax relief in the 1990s reflects both the relatively high levels of poverty and the effect of state and local tax...

Tax implications of welfare reform: the Minnesota experience.
September 1, 2000... INTRODUCTION Welfare reform, with its emphasis on moving families from welfare to work, has focused increasing attention on targeted income tax credits for low-income workers. Many states have added or expanded their modified versions of...

Social tax policies directed at the working poor: the New York State experience.
September 1, 2000... INTRODUCTION Historically, state tax policy and welfare reform efforts have had little in common and have developed independent of one another. New York is an exception to this rule. The state has been at the forefront of innovative...

Perspectives on the budget surplus.
September 1, 2000... INTRODUCTION After decades of deficits, the federal budget has recently turned to surplus, and projections suggest that under current policies the surplus will rise significantly during the next decade. The most recent Congressional Budget...

Analysis of current social security reform proposals.
September 1, 2000... INTRODUCTION This report provides an analysis of the effect of four major Social Security reform plans on the long-run solvency of the Social Security Trust Fund and the distributional effects of these reform plans on representative...

Uncertainty in social security trust fund projections.(Old Age Survivor's and Disability Insurance program)
September 1, 2000... INTRODUCTION Current projections for the Old Age Survivor's and Disability Insurance (OASDI) program suggest a dramatic change in financing fundamentals starting in about ten years. As the baby boom cohort begins to retire around 2010, the...

Depreciation lives and methods: current issues in the U.S. capital cost recovery system.
September 1, 2000... INTRODUCTION The U.S. capital cost recovery system has remained largely unchanged since 1986. Moreover, it is based on an asset classification system that dates to 1962 and was last modified in 1981. Since 1981 entirely new industries have...

The tangled web of taxing talk: telecommunication taxes in the new millennium.
September 1, 2000... INTRODUCTION Telecommunications has become one of the most dynamic sectors of the economy, propelled by technological innovation and also competition fostered by the transition of the telecommunications industry from a regulated monopoly...

Deferral and the optimal taxation of international investment income.
September 1, 2000... INTRODUCTION In 1961, President Kennedy proposed ending deferral of the U.S. tax on active income of foreign subsidiaries controlled by U.S. companies (later called controlled foreign corporations, or CFCs) if the income was earned in a...