In the process of furthering EU integration little attention was given to the role of income taxes. Multiple income tax systems exist across the Union and their differentiation negatively impacts the European labor market, investments and savings, inhibiting economic growth. Individual nations...

This testimony before the House Committee on Ways and Means explains why it is difficult to eliminate marriage penalties in the EITC. The testimony discusses policy options including a two-earner deduction or credit

This essay proposes a comprehensive mark-to-market tax for the 0.1% wealthiest and highest-earning taxpayers. Publicly-traded securities would be subject to an annual mark-to-market tax. Nontraded assets would be subject to a “deemed mark-to-market” tax: They would not be subject to tax...

The Canadian taxpayer's name for tax cases is styled in full upper case letters i.e. "JOHN DOE" (capitis diminutio maxima), as that identifies the individual representing an "officer" defined by Canada's Income Tax Act and Canada Pension Plan. Officers are artificial legal persons that...

We examine the responses of high-income taxpayers to the increases in the top income tax rates under the Omnibus Budget Reconciliation Act of 1993. We use a large panel of tax returns spanning 1987 to 1996 to estimate the elasticity of taxable income using a difference-in-differences approach....

The primary objective of this paper is to examine how, and to what extent, changes in income tax rates and income tax deductions affect income inequality from a longitudinal perspective, by using microdata of Japanese individuals and households. The findings of this paper could shed light on the...

The Aloha State has been on the front line of justice for decades, including tax justice. This is the story of a two-decade-plus journey of the Hawaii earned income tax credit — including how the state might better serve financially challenged residents as they navigate the global pandemic’s...

E-filing of income tax return can be seen as an important means to enhance the value of services to the citizen. This paper investigates whether tax knowledge influences the level of intention of individual taxpayers to use E-filing after five years of its implementation in Bangladesh. The study...

Over the past two decades, the volatility of the United States federal income tax revenue has increased. Looking deeper into the income composition of taxable sources, we find that tax revenue has increased its dependence on volatile — broadly defined--capital income, due in part to an...