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National Tax Journal

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Intangible income, intercompany transactions, income shifting, and the choice of location.(multinational corporations)
INTRODUCTION Several studies have found evidence indicating that multinational corporations (MNCs) shift income from high-tax to low-tax locations (Grubert and Mutti, 1991; Hines and Rice, 1994, . . .

Solving environmental problems with regional decision-making: a case study of ground-level ozone.
INTRODUCTION Setting environmental standards that ,avoid the potential inefficiencies of "one size fits all uniform federal standards--but prevent states from ignoring their contributions to . . .

Fiscal federalism and welfare policy: the role of states in the growth of child SSI.
This paper explores the expansion of the Supplemental Security Income (SSI) disability program for children in the early 1990s. After a Supreme Court mandated liberalization of the SSI disability . . .

Richard Musgrave Prize for 2001: "do local governments engage in strategic property-tax competition?".
The Richard Musgrave Prize is presented each year to the author or authors of the most outstanding paper published in the National Tax Journal. During his luminous career, the work of Richard . . .

Demographic Change and Fiscal Policy.(Book Review)
Edited by ALAN J. AUERBACH and RONALD D. LEE. Cambridge, UK: Cambridge University Press, 2001, Pp. 446. Demographic Change and Fiscal Policy contains the finished papers and selected discussant . . .

"What's come to perfection perishes": adjusting capital gains taxation in Italy.
INTRODUCTION Capital gains taxation on a realization basis is known to give rise to a number of distortions in behavior. "Lock-in effects," the absence of constructive realization at death and . . .

Letting States do the dirty work: state responsibility for federal environmental regulation.
INTRODUCTION Although major environmental regulation in the United States derives from federal statutes, states conduct most of the day-to-day business of implementing, monitoring, and enforcing . . .

The effect of personal property tax repeal on Pennsylvania's real estate tax growth and stability.
The tax repeal decision often centers around the revenue adequacy of other revenue sources. The intangible personal property tax has been optional for Pennsylvania county governments since 1978. By . . .

Note from the editors.
The papers in this issue's forum present recent applied research on environmental federalism. We are extremely grateful to Hilary Sigman who organized the forum and assisted Rosanne Altshuler . . .

What every public finance economist needs to know about health economics: recent advances and unresolved questions.
INTRODUCTION The standard theoretical framework of health economics, as summarized in public finance undergraduate textbooks (e.g., Rosen, 1995, chapter 11), draws attention to four problems. . . .

Tax from any angle: reflections on multi-disciplinary tax research.
A meeting of accountants and economists to talk about taxation sounds like the setup for any of a thousand or so jokes. Many of the punch lines of these jokes concern what a boring lot we are. . . .

Confidence intervals for the Suits Index.
The Suits Index is often used in tax policy analysis to measure the degree of progressivity of a tax, or to analyze changes in progressivity under alternative tax regimes. Suits (1977) developed . . .

Do states choose their mix of taxes to minimize employment losses?
The impact of state taxes on employment and business climate continues to be of concern to state policymakers and business leaders. Extensive prior research has focused on how the levels of a . . .

Tax Increment Financing and Economic Development: Uses, Structures, and Impact.(Book Review)
Edited by CRAIG L. JOHNSON and JOYCE Y. MAN. Albany, NY: State University of New York Press, 2001. Pp. 276. Eight years ago Paul Courant (1994) r used the pages of this journal to pose the . . .

Charitable giving in transition economies: evidence from Russia.
"Voluntary social insurance, development of additional forms of social security and charity shall be encouraged." --Article 39, section 3, The Russian Constitution (1) INTRODUCTION . . .

Investment subsidies and wages in capital goods industries: to the workers go the spoils?
INTRODUCTION This paper examines a neglected aspect of the short-run incidence of investment subsidies, namely their impact on wages of capital suppliers. A long standing literature has found . . .

Environmental regulatory competition: a status report and some new evidence.
INTRODUCTION Whether environmental regulations are better set centrally or locally is a subject of debate both in the U.S., which in recent years has devolved some environmental authority from . . .

Sustainable Social Security: what would it cost?
Despite its current surplus and growing Trust Fund, the U.S. Social Security system is in long-term imbalance due to projected population aging. The standard 75-year Summary Actuarial Balance, on . . .

International Taxation and Multinational Activity.(Book Review)
Edited by JAMES R. HINES JR. Chicago: University of Chicago Press, 2001, Pp. 274. Within the last three decades, federal and subnational governments around the world have become increasingly . . .

Popular substitution effects: excess burden estimates for general sales taxes.
INTRODUCTION The typical general sales tax in the United States is riddled with commodity exemptions. Food-for-home consumption (hereafter home food), residential utilities and services are all . . .

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