The Jobs and Growth Tax Relief Act of 2003contained a number of significant tax provisions, but the most noteworthy may have been the reduction in dividend tax rates.

We construct a computational dynamic stochastic and explore the impact of policy stickiness on optimal long-run fiscal policy.

This paper discusses specific proposals for reducing the United States' deficit that draw on the lessons from past fiscal consolidations.

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.

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.

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

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

Corporate capital gains deserve a closer look.

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