Recently added articles from National Tax Journal:
Two cheers for corporate tax base broadening.
Sep 01, 2009; ... INTRODUCTION The United States federal corporate income tax features a top statutory tax rate of 35 percent, a rate that rises to about 39 percent when state corporate income taxes are included. As the U.S. Department of the Treasury (2007b) notes, this statutory tax rate is the ...
The effects of the length of the tax-loss carryback period on tax receipts and corporate marginal tax rates.
Sep 01, 2009; ... INTRODUCTION In January 2009, then-President-elect Barack Obama and congressional Democrats proposed a $300 billion tax cut package. One proposal was to increase the length of the net operating loss (NOL) carryback period from two years to five years for losses realized in 2008 ...
Is the corporation tax an effective automatic stabilizer?(United Kingdom)
Sep 01, 2009; ... INTRODUCTION The current recession has renewed interest in the extent to which the tax system acts as an automatic stabilizer, dampening the shocks hitting the economy. The main mechanism by which a tax can have such an effect is by inducing smaller shocks to post-tax income, ...
Behavioral economics and tax policy.
Sep 01, 2009; ... INTRODUCTION Rahm Emmanuel, the current White House Chief of Staff, as famously been quoted as saying that: "You don't ever want a crisis to go to waste; it's an opportunity to do important things that you would otherwise avoid" (Zeleny and Calmes, 2008). The recent crisis--the ...
Lessons for tax policy in the great recession.
Sep 01, 2009; ... INTRODUCTION While policymakers struggle with identifying and enacting the appropriate short-term policy response to the financial crisis and economic downturn of 2008, 2009, and perhaps beyond (henceforth "the crisis"), both academics and policymakers are examining the causes ...