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National Tax Journal

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Financing new school construction and modernization: evidence from Cafifornia.
INTRODUCTION Recently, there has been a resurgence of interest in the way state and local governments finance new school construction and modernization. This renewed interest reflects two general . . .

First, do no harm: designing tax incentives for health insurance.
INTRODUCTION As part of his 2001 Budget, President Bush proposed a refundable tax credit in an effort to help the nearly 18 percent of non-elderly Americans who lack health insurance coverage. . . .

Luxury Fever: Why Money Fails to Satisfy in an Era of Excess.
Luxury Fever. By ROBERT H. FRANK. Princeton, NJ: Princeton University Press, 1999, Pp. 326. Cultural anthropologists have supposedly concluded beyond doubt that Jesus Christ was Jewish because of . . .

The confusing world of educational accountability.
INTRODUCTION Accountability has been a watchword in education for decades--for who could be against it? It has not been a reality, however, because accountability is threatening to many and . . .

Competition and the cost of capital revisited: special authorities and underwriters in the market for tax-exempt hospital bonds.
This paper explores the effects of two kinds of competition on the cost of capital in the tax-exempt bond market: (1) competition among underwriters and (2) competition among issuers (mostly . . .

Whither tax depreciation?
INTRODUCTION In 1986, tax depreciation and other investment subsidies were reformed with a view to bringing effective and statutory tax rates for assets of different durabilities closer together, . . .

Tax reductions, tax changes, and the marriage penalty.
INTRODUCTION One aspect of the federal personal income tax system that has been widely regarded as unfair, by legislators from both sides of the aisle, is the so-called "marriage penalty" or . . .

Bidding for Business: The Efficacy of Local Economic Development Incentives in a Metropolitan Area.(Review)
Bidding for Business: The Efficacy of Local Economic Development Incentives in a Metropolitan Area. By JOHN E. ANDERSON and ROBERT W. WASSMER. Kalamazoo, MI: W.E. Upjohn Institute for Employment . . .

The tax assignment problem: ruminations on how theory and practice depend on history.
INTRODUCTION One of the most important questions of intergovernmental fiscal relations is "who (which level of government) should tax what?"(1) This is sometimes called the "tax . . .

School performance and housing values: using non-contiguous district and incorporation boundaries to identify school effects.(ca
An extensive body of research has established the importance of both housing characteristics and location in the determination of the market value of residential properties. More recent research . . .

Total corporate taxation: "hidden," above-the-line, non-income taxes.
INTRODUCTION The current U.S. tax system relies heavily on corporations not only to pay income taxes, but also to pay and collect excise, payroll, property, and sales taxes. Much of the focus of . . .

The 2001 tax legislation from a long-term perspective.
INTRODUCTION Let me try to give a somewhat different, longer-term perspective on the meaning of this tax cut. I want to address three issues. The first is the size of the bill relative to others . . .

School-based educational accountability systems: the promise and the pitfalls.
INTRODUCTION Demands for more accountability and results-based incentive systems in K-12 education come from many directions and currently dominate much of the education policy discussion at both . . .

Using the EITC to help poor families: new evidence and a comparison with the minimum wage.(Earned Income Tax Credit)
The United States has in recent years relied on three types of policies to boost the incomes of poor families: the Earned Income Tax Credit (EITC), the minimum wage, and welfare. Although welfare . . .

Integrating expenditure and tax decisions: the marginal cost of funds and the marginal benefit of projects.(public finance)
In their classic textbook, Musgrave and Musgrave (1989) lament the disconnection between the expenditure and tax sides of public finance. One notable exception to this disconnection is the issue of . . .

Fiscal competition or harmonization? Some reflections.
INTRODUCTION The issue of economic competition among governments is a contentious one on both sides of the Atlantic. In the U.S., there is an often-voiced concern that competition among state and . . .

Taxes and charitable giving.
INTRODUCTION Incentives to donate to charity have existed in the tax code almost as long as the income tax itself. The most well-known incentive reduces the cost of charitable contributions by . . .

Will standards-based reforms improve the education of students of color?
INTRODUCTION Over the last decade almost every state government in the United States has embraced standards-based reforms as a strategy to improve the quality of public education. Although there . . .

Income responses to tax changes: evidence from the Norwegian tax reform.
The behavioral effects of changes in marginal tax rates is a core issue in public economics. The tax reforms of the last couple of decades provide an opportunity to obtain information on behavioral . . .

Do local governments engage in strategic property-tax competition?
Despite widespread theoretical interest in tax competition and other types of fiscal interaction, the empirical literature in this area is sparse. The pioneering study is by Case, Rosen, and Hines . . .

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