Considers how changes in information technology affect tax base design (determining who, when, and where transactions are taxed); and discusses barter and tax avoidance, double taxation, and the long-term implications of electronic commerce for state and federal corporations.

The demographic and urban literature on the decline of central cities often asserts that the cities’ population losses have been especially heavy for middle and upper income households. Attracting middle and upper income residents, and retaining those who live there currently, is then viewed...

Explores the economic impact of trading off higher corporate income taxes for shareholder dividend tax relief. Finds that this partial integration policy increases dividends, reduces leverage and the financial cost of capital, and increase real investment. Statistically based sensitivity...

Statistical estimates (based on U.S. return data for tax years 1979-89) of the effective income tax functions for individual income tax. Changes in average marginal tax rates, redistributional and revenue elasticities, and horizontal equity are measured.

Comments on U.S. fiscal federalism in a rapidly changing global economy and speculates on possible alternative futures. Provides some ideas for public policy experimentation.