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.

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

Corporate capital gains deserve a closer look.

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

Despite the frequency of tax changes and their potential importance to investors, there has been relatively little modeling of anticipated tax changes.

Top economists provide much-needed guidance--and some surprising conclusions--in response to rising public concerns about inequality in the U.S. tax system.

While the buzz around income inequality is reaching a crescendo, income data may not be the best measure of overall welfare. Instead, analyzing household consumption reveals that inequality is not as pervasive as skewed public discourse portrays it.

The authors of this volume challenge the common perception that the removal of old distortions from the tax system would seriously hurt segments of the economy.