An influential article by Evsey Domar and Richard Musgrave, published in 1944, argued that an efficient income tax ought to provide full loss offsets for losses suffered by investors subject to that tax. The basic argument was that by allowing full loss offsets, a tax system not only eliminated...

Michael J. McIntrye comments on Harvey S. Rosen's marriage tax computations.

Finds the current international income tax rules of the United States and others as flawed. Discusses guidelines that could inform the design of a coherent international tax regime.