Download or read book Revenue Effects of Major Tax Bills written by Tempalski and published by CreateSpace. This book was released on 2015-01-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the federal income tax was significantly expanded in 1940, several dozen major tax bills have been enacted. Inevitably, discussions (and disagreements) have arisen concerning the relative size of the bills effects on federal revenues.This paper uses revenue estimates from Treasury and the Joint Committee on Taxation to compare the relative size of the revenue effect of the major tax bills enacted after 1939 using four different measures. An appendix provides a short list of the major provisions in the bills.

Download or read book Surrender written by Michael Allen Meeropol and published by University of Michigan Press. This book was released on 2017-07-19 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Meeropol argues that the ballooning of the federal budget deficit was not a serious problem in the 1980s, nor were the successful recent efforts to get it under control the basis for the prosperous economy of the mid-1990s. In this controversial book, the author provides a close look at what actually happened to the American economy during the years of the "Reagan Revolution" and reveals that the huge deficits had no negative effect on the economy. It was the other policies of the Reagan years--high interest rates to fight inflation, supply-side tax cuts, reductions in regulation, increased advantages for investors and the wealthy, the unraveling of the safety net for the poor--that were unsuccessful in generating more rapid growth and other economic improvements. Meeropol provides compelling evidence of the failure of the U.S. economy between 1990 and 1994 to generate rising incomes for most of the population or improvements in productivity. This caused, first, the electoral repudiation of President Bush in 1992, followed by a repudiation of President Clinton in the 1994 Congressional elections. The Clinton administration made a half-hearted attempt to reverse the Reagan Revolution in economic policy, but ultimately surrendered to the Republican Congressional majority in 1996 when Clinton promised to balance the budget by 2000 and signed the welfare reform bill. The rapid growth of the economy in 1997 caused surprisingly high government revenues, a dramatic fall in the federal budget deficit, and a brief euphoria evident in an almost uncontrollable stock market boom. Finally, Meeropol argues powerfully that the next recession, certain to come before the end of 1999, will turn the predicted path to budget balance and millennial prosperity into a painful joke on the hubris of public policymakers. Accessibly written as a work of recent history and public policy as much as economics, this book is intended for all Americans interested in issues of economic policy, especially the budget deficit and the Clinton versus Congress debates. No specialized training in economics is needed. "A wonderfully accessible discussion of contemporary American economic policy. Meeropol demonstrates that the Reagan-era policies of tax cuts and shredded safety nets, coupled with strident talk of balanced budgets, have been continued and even brought to fruition by the neo-liberal Clinton regime." --Frances Fox Piven, Graduate School, City University of New York Michael Meeropol is Chair and Professor of Economics, Western New England College.

Download or read book Redemption written by Nicholas Lemann and published by Farrar, Straus and Giroux. This book was released on 2007-08-21 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: A century after Appomattox, the civil rights movement won full citizenship for black Americans in the South. It should not have been necessary: by 1870 those rights were set in the Constitution. This is the story of the terrorist campaign that took them away. Nicholas Lemann opens his extraordinary new book with a riveting account of the horrific events of Easter 1873 in Colfax, Louisiana, where a white militia of Confederate veterans-turned-vigilantes attacked the black community there and massacred hundreds of people in a gruesome killing spree. This was the start of an insurgency that changed the course of American history: for the next few years white Southern Democrats waged a campaign of political terrorism aiming to overturn the Fourteenth and Fifteenth Amendments and challenge President Grant'ssupport for the emergent structures of black political power. The remorseless strategy of well-financed "White Line" organizations was to create chaos and keep blacks from voting out of fear for their lives and livelihoods. Redemption is the first book to describe in uncompromising detail this organized racial violence, which reached its apogee in Mississippi in 1875. Lemann bases his devastating account on a wealth of military records, congressional investigations, memoirs, press reports, and the invaluable papers of Adelbert Ames, the war hero from Maine who was Mississippi's governor at the time. When Ames pleaded with Grant for federal troops who could thwart the white terrorists violently disrupting Republican political activities, Grant wavered, and the result was a bloody, corrupt election in which Mississippi was "redeemed"—that is, returned to white control. Redemption makes clear that this is what led to the death of Reconstruction—and of the rights encoded in the Fourteenth and Fifteenth Amendments. We are still living with the consequences.

Download or read book The 4 Solution written by The Bush Institute and published by Crown Currency. This book was released on 2012-07-17 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy

Download or read book Citizen s Guide to U S Economic Growth and the Bush Kerry Economic Debate written by Samuel C. Thompson Jr. and published by iUniverse. This book was released on 2004 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Citizen's Guide to U.S. Economic Growth: and the Bush-Kerry Economic Debate is written for the person who wants to be informed about the fundamental issues affecting the growth of the U.S. economy and who also wants an understanding of the policy differences between the 2004 presidential candidates, President Bush and Senator Kerry, on issues affecting U.S. economic growth. The concepts discussed in Citizen's Guide are important to all Americans because the application of these concepts by policy makers can have a significant impact on the growth of the U.S. economy, which determines the level of your standard of living. Find out what the candidates' economic policies will mean for your future and for the future of the United States.

Download or read book The Need for Pro growth Tax Reform written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2012 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The President s Budget written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2004 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Paying dividends written by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations and published by . This book was released on 2003 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book President Bush s Fiscal Year 1993 Budget written by and published by . This book was released on 1992 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book President Bush s Fiscal Year 1992 Budget written by and published by . This book was released on 1991 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Public Budgeting and Finance Primer written by Jay Eungha Ryu and published by Routledge. This book was released on 2015-01-28 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This primer succinctly summarises key theoretical concepts in fiscal choice for both practitioners and scholars. The author contends that fiscal choice is ultimately a choice of both politics and economics. The book first introduces budget institutions and processes at various levels of government, which restrict budget decision makers' discretion. It also explains budget decision makers' efforts to make rational resource allocations. It then shows how and why such efforts are stymied by the decision makers' capacity and institutional settings. The book's unique benefit is its emphasis on all the essential topics, with short, module-type chapters which can be read in any order.

Download or read book Tax Aspects of a Cap and trade Program written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2008 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Concurrent Resolution on the Budget written by United States. Congress. Senate. Committee on the Budget and published by . This book was released on 2003 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Tax Policy written by Alan J. Auerbach and published by Oxford University Press. This book was released on 2017-02-15 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debates about the what, who, and how of tax policy are at the core of politics, policy, and economics. The Economics of Tax Policy provides a straightforward overview of recent research in the economics of taxation. Tax policies generate considerable debate among the public, policymakers, and scholars. These disputes have grown more heated in the United States as the incomes of the wealthiest 1 percent and the rest of the population continue to diverge. This important volume enhances understanding of the implications of taxation on behavior and social outcomes by having leading scholars evaluate key topics in tax policy. These include how changes to the individual income tax affect long-term economic growth; the challenges of tax administration, compliance, and enforcement; and environmental taxation and its effects on tax revenue, pollution emissions, economic efficiency, and income distribution. Also explored are tax expenditures, which are subsidy programs in the form of tax deductions, exclusions, credits, or favorable rates; how college attendance is influenced by tax credits and deductions for tuition and fees, tax-advantaged college savings plans, and student loan interest deductions; and how tax policy toward low-income families takes a number of forms with different distributional effects. Among the most contentious issues explored are influences of capital gains and estate taxation on the long term concentration of wealth; the interaction of tax policy and retirement savings and how policy can "nudge" improved planning for retirement; and how the reform of corporate and business taxation is central to current tax policy debates in the United States. By providing overviews of recent advances in thinking about how taxes relate to behavior and social goals, The Economics of Tax Policy helps inform the debate.

Download or read book Examination of Proposals for Economic Growth and Job Creation written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2004 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxing Ourselves fourth edition written by Joel Slemrod and published by MIT Press. This book was released on 2008-02-08 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fourth edition of a popular guide to the key issues in tax reform, discussing the current system and alternative proposals clearly and without a political agenda. As Albert Einstein may or may not have said, "The hardest thing in the world to understand is the income tax." Indeed, to follow the debate over tax reform, the interested citizen is forced to choose between misleading sound bites and academic treatises. Taxing Ourselves bridges the gap between the two by discussing the key issues clearly and without a political agenda: Should the federal income tax be replaced with a flat tax or sales tax? Should it be left in place and reformed? Can tax cuts stimulate the economy, or will higher deficits undermine any economic benefit? Authors and tax policy experts Joel Slemrod and Jon Bakija lay out in accessible language what is known and not known about how taxes affect the economy, offer guidelines for evaluating tax systems, and provide enough information to assess both the current income tax system and the leading proposals to reform or replace it (including the flat tax and the consumption tax). The fourth edition of this popular guide has been extensively revised to incorporate the latest information, covering such recent developments as the Bush administration's tax cuts (which expire in 2011) and the alternatives proposed by the President's Advisory Panel on Federal Tax Reform. Slemrod and Bakija provide us with the knowledge and the tools—including an invaluable voter's guide to the tax policy debate—to make our own informed choices about how we should tax ourselves.

Download or read book United States monetary and economic policy written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2003 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: