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taxes at the core. Additional topics addressed include a range of dynamic issues, the unit of taxation, tax administration …
Persistent link: https://www.econbiz.de/10012466608
increases in city spending do not provide positive net benefits to property owners. Estimates of the effects of taxes on city …
Persistent link: https://www.econbiz.de/10012471167
Over the past 20 years, there has been a dramatic increase in the share of executive compensation paid through stock options. In this paper, we examine the extent to which tax policy has influenced the composition of executive compensation, and discuss the implications of rising stock-based pay...
Persistent link: https://www.econbiz.de/10012471173
taxes are a much greater drain on the economy than their direct costs. The taxes identified in this paper cost the economy … $2.56 billion more than the $4.79 billion they raise in tax revenues. These taxes are raised from wireless consumers and … taxes. Prospective taxes will impose an efficiency loss of $0.72-$1.14 per additional dollar of tax revenue raised …
Persistent link: https://www.econbiz.de/10012471502
Competitive exams are a standard method for selecting civil servants. Yet, evidence on the effectiveness of such approach is mixed, and lack of personnel data limits our understanding of the mechanisms underlying this varying success. We digitize personnel and financial data to study the impacts...
Persistent link: https://www.econbiz.de/10012510544
Taxes on sugar-sweetened beverages (SSBs) are relatively new and there is little evidence about their impact on SSB … the effect of SSB taxes on youth consumption, and contribute to the limited evidence base on the impact of SSB taxes on …
Persistent link: https://www.econbiz.de/10012585444
-acting force to the rapid increase in income inequality. Using a political-economy model where parties bargain over taxes and … determination, in particular budget rules, make the status quo levels of taxes and entitlements difficult to change. The second one …
Persistent link: https://www.econbiz.de/10013210072
Equilibrium in the market for real assets requires that the price of those assets be bid up to reflect the tax shields they can offer to levered firms.Thus there must be an equality between the market values of real assets and the values of optimally levered firms. The standard measure of the...
Persistent link: https://www.econbiz.de/10012477650
If a specified amount of government spending must be financed, how should that finance be divided between taxes and … taxes or capital income).The first section of the present paper shows how the debt-finance advantage of a small increase in …
Persistent link: https://www.econbiz.de/10012477656
This paper explores the implications of tax rate uncertainty, identifying circumstances in which revenue-neutral tax rate variability increases profitability, economic activity, and the efficiency of resource allocation. Furthermore, with heterogeneous taxpayers, tax rate variability is shown to...
Persistent link: https://www.econbiz.de/10012481036