Download or read book Essays on the Taxation of Capital Income written by Alan Jeffrey Auerbach and published by . This book was released on 1978 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Taxation written by Edwin Robert Anderson Seligman and published by . This book was released on 1925 with total page 830 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Taxation of Capital Income written by Alan J. Auerbach and published by Harvard University Press. This book was released on 1983 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important contribution to tax analysis presents seven related theoretical essays that examine the effects of capital income taxation on the behavior of firms. It is divided into three sections, focusing on optimal tax design, firm financial policy, and inflation. Taken together, the essays demonstrate the powerful role taxes play in shaping the behavior of American corporations, and also provide insights into the difficult task of tax reform. Auerbach's results suggest policies the government might adopt to promote the optimal accumulation of capital. He examines the implications for capital taxation of discrepancies between nominal depreciation rates and real economic depreciation, and suggests appropriate rules of thumb for determining when capital taxation is neutral among alternative investment projects. He also makes important contributions to the debate over the integration of corporate and personal taxes on capital income and to the behavioral puzzle of why corporations pay dividends to their shareholders.
Download or read book Essays in Taxation written by Edwin Robert Anderson Seligman (R. A.) and published by . This book was released on 1913 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on the Taxation of Capital Gains written by Ricardo de Oliveira Cavalcanti and published by . This book was released on 1997 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Capital Income Taxation and Fiscal Adjustment written by Kenji Moriyama and published by . This book was released on 2004 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on the Taxation of Unearned Incomes written by Harry Gunnison Brown and published by . This book was released on 1921 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Capital Income Taxation Credit Markets and Consumption written by Jagadeesh Gokhale and published by . This book was released on 1991 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Taxation of Unearned Incomes written by Harry Gunnison Brown and published by . This book was released on 1925 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In three essays the author discusses whether taxation can be used as a tool for obtaining and perpetuation of economic democracy, and if so, what system of taxation is the best for the end in view.
Download or read book Essays on International Capital Income Taxation and Capital Controls written by Miltiadis Makris and published by . This book was released on 1999 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Capital Gains Taxes and Housing written by Zachary William Richards and published by . This book was released on 2009 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is a collection of three essays regarding the effects of federal taxation of residential capital, with a focus on owner-occupied housing. Owner-occupied housing is granted a number of tax subsidies under the federal individual income tax code. Among them are the mortgage interest and property tax deductions and the tax exclusions on imputed rental income for the homeowner and capital gains from the sale of a primary residence. In the first essay, entitled ʺDoes the Exclusion of Capital Gains Taxes on Housing Promote Labor Mobility?", I examine the impact of the Taxpayer Relief Act of 1997 (TRA97), which dramatically reduced effective tax rates on residential capital gains, on the likelihood of a homeowner undertaking a job-related relocation. The results indicate that homeowners with large accrued gains are more likely to move for job-related reasons after the passage of TRA97 than before, implying efficiency gains from a spatial reallocation of labor. In the second essay, "The Effects of EGTRRA and JGTRRA Expiration on the User Cost of Housing", I calculate last-dollar user costs for owner-occupants using an augmented model that incorporates the current tax exclusion of residential capital gains. User cost calculations are made under current and future policy to determine the effects of higher marginal income and capital gains tax rates on the costs of homeownership. The results indicate that the expiration of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) will have a regressive effect on user costs, with high-income homeowners receiving the largest percentage reductions despite higher long-term capital gains tax rates. The final essay, "Residential Capital Gains Taxes and the Dynamics of Housing Markets", examines the macroeconomic implications of TRA97. I present evidence that a structural break occurred around the time of its implementation, affecting the relationship between aggregaegate measures of the housing market, money growth, and output. This suggests that effective tax rates on residential capital gains play an important role in the fluctuations of residential fixed investment and may alter the impacts of monetary policy.
Download or read book Equitable Taxation written by John Winslow Cabot and published by . This book was released on 1892 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Institutional Investors and Income Taxes written by Spencer Conley Usrey and published by . This book was released on 2009 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation investigates the role of institutional investors in capital market tax studies. Specifically, this studies examines how institutional investors influence firms' cost of capital and financing decisions following changes in personal tax rates on debt and equity income. The dissertation is organized into three essays that examine these topics. The first two essays examine tax rate changes in 1997 and 2003 that reduced the personal tax rates on interest, capital gains and dividends. Essay 3 summarizes relevant literature involving institutional investors and capital market tax studies. Essay 1 investigates whether differences between the tax liabilities of the underlying shareholders of institutional investors affect firms' capital structures and decisions to issue debt versus equity following changes in tax rates on investment income received by individuals. The study predicts that firms with high concentrations of tax disadvantaged institutional investors (institutions whose underlying shareholders are taxable) will issue more equity relative to debt than those with high concentrations of tax-advantaged institutional investors (institutions whose underlying shareholders are not taxable). The results find that the financing decisions of firms with high levels of tax-disadvantaged institutional investors are influenced by changes in individual tax rates. Essay 2 investigates whether differences in the tax attributes of the underlying shareholders of institutional investors influences the impact of equity tax rate changes on a firm's cost of equity. The study examines a sample period of two years (eight quarters) around the enactment of the 1997 and 2003 Acts. The study finds that firms with high levels of tax-disadvantaged ownership experienced a decrease in their cost of equity capital following a decrease in the individual tax rate on capital gains. In addition, the interaction of the institutional investor dummy variable and a dummy variable indicating the observation is after the 2003 Act indicates that the cost of equity capital for firms with high levels of tax-disadvantaged ownership decreased following the 2003 Act. The results of Essays 1 and 2 provide evidence that institutional investors are not homogeneous with respect to their influence on firms' cost of capital and financing decisions following changes in individual tax rates.
Download or read book Taxation in Theory and Practice written by George R. Zodrow and published by World Scientific Publishing Company. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal tax reform : transitional issues in implementing tax reform -- Implementing tax reform -- Optimal tax reform in the presence of adjustment costs -- Grandfather rules and the theory of optimal tax reform -- Consumption tax reform: changes in business equity and housing prices / (with John W. Diamond) -- Consumption taxation -- Should capital income be subject to consumption-based taxation? -- A hybrid consumption-based direct tax proposed for Bolivia / (with Charles E. McLure, Jr.) -- U.S. Supreme Court unanimously chooses substance over form in foreign tax credit case : implications of the PPL decision for the creditability of cash-flow taxes / (with Charles E. McLure, Jr. and Jack Mintz) -- Taxation, uncertainty and the choice of a consumption tax base -- Optimal commodity taxation of traditional and electronic commerce income tax reform -- Treasury I and the Tax Reform Act of 1986 : the economics and politics of tax reform / (with Charles E. McLure, Jr.) -- The windfall recapture tax : issues of theory and design -- Balancing act: weighing the factors affecting the taxation of capital income in a small open economy / (with Margaret McKeehan) -- State and local tax policy -- Revenue options for the state of texas -- The new view of the property tax : a reformulation / (with Peter Mieszkowski) -- The property tax as a capital tax : a room with three views -- Intrajurisdictional capitalization and the incidence of the property tax -- Tax competition -- Pigou, Tiebout, property taxation and the under-provision of local public goods / (with Peter Mieszkowski) -- Capital mobility and capital tax competition -- Tax competition and the efficiency of "benefit-related" business taxes / (with Elisabeth Gugl).
Download or read book Essays on Optimal Taxation of Foreign Source Investment Income written by Lih-Jau Wang and published by . This book was released on 1990 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reforming Capital Income Taxation written by Horst Siebert and published by . This book was released on 1990 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of papers written by various authors for a conference held at the Institute of World Economics in 1989. The papers are divided in the following topics: Allocation and taxation; Taxation and capital flows; The harmonization issue and restructuring capital income taxation.
Download or read book Tax Progressivity and Income Inequality written by Joel Slemrod and published by Cambridge University Press. This book was released on 1996-10-13 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assembles nine papers on tax progressivity and its relationship to income inequality, written by leading public finance economists. The papers document the changes during the 1980s in progressivity at the federal, state, and local level in the US. One chapter investigates the extent to which the declining progressivity contributed to the well-documented increase in income inequality over the past two decades, while others investigate the economic impact and cost of progressive tax systems. Special attention is given to the behavioral response to taxation of high-income individuals, portfolio behavior, and the taxation of capital gains. The concluding set of essays addresses the contentious issue of what constitutes a 'fair' tax system, contrasting public attitudes towards alternative tax systems to economists' notions of fairness. Each essay is followed by remarks of a commentator plus a summary of the discussion among contributors.
