Has the temporary tax credit for research and development encouraged industrial innovation? Is there a correlation between productivity and R&D spending? Should Congress make this tax credit permanent before it expires at the end of 1985?  

Recent failures of monetary and fiscal policy reflect deficiencies in prevailing theories of demand management. Taking available data into account, this book discusses the merits and shortcomings of Keynesian and monetarist approaches and develops the lines along which our theories need to be...

The selective income tax exemption for home-state municipal bonds at issue in Davis v. Kentucky Department of Revenue is a barrier to interstate commerce.

In some key respects the income versus consumption tax choice is simply misunderstood by many people, including sophisticated practitioners.

What is the link between taxes and manufacturing wages?

Reducing federal employee compensation to market levels could save taxpayers roughly $77 billion per year.

ALaffer curve has existed in the international corporate tax sphere since the 1980s.

To what are wage rates responsive? Does labor bear the burden of taxes?

This paper concludes that there is no reason to base our policies on the idea that small businesses are more deserving of government favor than big companies.

Working paper on thepolicy implicationsof pay-as-you-go retirement plansin regard totax and benefit timing.