The Experts below are selected from a list of 279 Experts worldwide ranked by ideXlab platform
Louis Kaplow - One of the best experts on this subject based on the ideXlab platform.
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Chapter 10 Taxation
Handbook of Law and Economics, 2007Co-Authors: Louis KaplowAbstract:Abstract This Handbook entry presents a conceptual, normative overview of the subject of Taxation. It emphasizes the relationships among the main functions of Taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various forms of Taxation. Different types of Taxation as well as expenditures on transfers and public goods are each integrated into a common optimal Tax framework with the income Tax and commodity Taxes at the core. Additional topics addressed include a range of dynamic issues, the unit of Taxation, Tax administration and enforcement, and Tax Equity.
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a fundamental objection to Tax Equity norms a call for utilitarianism
National Tax Journal, 1994Co-Authors: Louis KaplowAbstract:Anti-utilitarian norms often are used in assessing Tax systems. Two motivations support this practice. First, many believe utilitarianism to be insufficiently egalitarian. Second, utilitarianism does not give independent weight to other equitable principles, notably concerns that reforms may violate horizontal Equity or result in rank reversals in the income distribution. This investigation suggests that a policy maker who believes in the Pareto principle -- that any reform preferred by everyone should be adopted - - cannot consistently adhere to any of these anti-utilitarian sentiments. Moreover, the affirmative case for utilitarian Tax policy assessment is stronger than is generally appreciated.
Robert P Strauss - One of the best experts on this subject based on the ideXlab platform.
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state and federal Tax Equity estimates before and after the Tax reform act of 1986
Journal of Policy Analysis and Management, 1993Co-Authors: Marcus Berliant, Robert P StraussAbstract:The progressivity and Equity of both state and federal individual income Taxes, as well as the combined system of both Taxes, are examined before and after the federal Tax Reform Act of 1986 using a variety of measures applied to federal Statistics of Income individual income Tax data; state Taxes are calculated using TaxSIM. Our findings are as follows: First, in both 1985 and 1987, state personal income Taxes were generally less progressive and more horizontally equitable than the federal system. Second, in moving from 1985 to 1987, state personal income Tax systems generally displayed decreased progressivity and horizontal inEquity. The combination of the two systems displayed generally lower progressivity and horizontal Equity scores when we compare 1987 to 1985. Last, the after-Tax income distribution became more unequal when we compared 1987 to 1985.
Seth Payton - One of the best experts on this subject based on the ideXlab platform.
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a spatial analytic approach to examining property Tax Equity after assessment reform in indiana
The Journal of Regional Analysis and Policy, 2006Co-Authors: Seth PaytonAbstract:Scholars, public officials, and property owners have debated the administration of the property Tax for decades. Scholars generally contend that the property Tax is a good local revenue source while public officials and property owners loathe it. Much of the contention regarding the Tax comes from Equity issues related to assessment practices. This study examines an assessment process that was revamped from a decidedly unfair formula-based assessment to a market-value-in-use assessment. The objective of the study is to evaluate the new process through traditional measures and contemporary spatial analytic measures. The study contributes to the literature through its introduction of “spatial Equity” measures.
Michelle D Layser - One of the best experts on this subject based on the ideXlab platform.
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Improving Tax Incentives for Wind Energy Production: The Case for a Refundable Production Tax Credit
Missouri law review, 2015Co-Authors: Michelle D LayserAbstract:Tax-based subsidies for wind energy production are at a crossroad: the draft Tax package released by the Senate Finance Committee in July 2015 would reinstate by the end of this year the production Tax credit that was allowed to sunset at the end of 2014. Though the wind energy industry and proponents of clean energy and fossil fuel alternatives eagerly await the renewal of the subsidy, it would be a mistake to extend the production Tax credit in its current form. Under current law, features of the production Tax credit make the subsidy unavailable to many wind energy developers absent costly, complex Tax Equity investment transactions. This problem could be solved by making the production Tax credit refundable.This article departs from much of the existing literature, which would amend the production Tax credit with the intent to expand the supply of Tax Equity investment financing, by demonstrating how the transactions misdirect part of the value of the subsidy to passive, third-party investors like Google, MetLife, JP Morgan, and their teams of advisors. This article argues that a production Tax credit that relies on Tax Equity investment financing is less effective than it could be and reflects poor Tax policy because the subsidy is poorly targeted to reach its intended recipient. Drawing from theory about refundable Tax credits, this article further argues that a refundable production Tax credit would not only be more effective, simple and equitable, but also would be more efficient than the current nonrefundable version. For these reasons the article concludes that the production Tax credit should be amended to make the credit refundable.
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Tax justice and same sex domestic partner health benefits an analysis of the Tax Equity for health plan beneficiaries act
University of Hawaiʻi Law Review, 2009Co-Authors: Michelle D LayserAbstract:Under DOMA, Tax exemptions for employer-provided health benefits are available unequally to same-sex and opposite-sex spouses. The Tax Equity for Health Plan Beneficiaries Act would make the law more equitable, but it should also extend the Tax exclusion for dismemberment benefits to same-sex partners.
Marcus Berliant - One of the best experts on this subject based on the ideXlab platform.
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state and federal Tax Equity estimates before and after the Tax reform act of 1986
Journal of Policy Analysis and Management, 1993Co-Authors: Marcus Berliant, Robert P StraussAbstract:The progressivity and Equity of both state and federal individual income Taxes, as well as the combined system of both Taxes, are examined before and after the federal Tax Reform Act of 1986 using a variety of measures applied to federal Statistics of Income individual income Tax data; state Taxes are calculated using TaxSIM. Our findings are as follows: First, in both 1985 and 1987, state personal income Taxes were generally less progressive and more horizontally equitable than the federal system. Second, in moving from 1985 to 1987, state personal income Tax systems generally displayed decreased progressivity and horizontal inEquity. The combination of the two systems displayed generally lower progressivity and horizontal Equity scores when we compare 1987 to 1985. Last, the after-Tax income distribution became more unequal when we compared 1987 to 1985.
