In a recent paper Loeffler/Schneider (2000) showed that introducing a tax on a financial market does not create an arbitrage opportunity...

In recent weeks several Iowa policymakers, leaders, and citizens have become interested in proposals involving significant policy reforms and tax increment financing. Much of the discussion is based on the results of a single study based on aggregate approaches that were never designed for the...

This paper analyses three options for financing higher education:• Tax funding, as proposed by the Liberal Democrats and, more recently, the Tories.• Tax funding plus upfront charges, as at present.• Tax funding plus deferred charges, as proposed in the White Paper on highereducation...

You can’t blame everything on the Romans. Eventhough they introduced the legal framework ofpartnerships and corporations in Germany and farbeyond, the reason why the taxation of partnershipsis so complex is not their fault. Put simply, onceindividuals with different characteristics are...