Advice abounds on when to carry out a Roth IRA conversion and how to pay for it. Often, a better planning strategy for some taxpayers may be to opt out of the two-year spread election for the tax liability from a Roth IRA conversion, incurring the entire resulting income tax in the conversion...

Using the MEDSIM microsimulation model, developed by researchers at the Agency for Health Care Policy and Research, we explore the possible consequences of making tax-preferred medical savings accounts (MSAs) combined with catastrophic health plans (CHPs) available to the entire...

We directly compare retail investor execution costs with exchange execution costs. We find off-exchange retail trades execute at lower effective spreads than comparable exchange trades, primarily due to the uninformed nature of retail trades. These results hold when payment for order flow (PFOF)...

Traditional tax incidence theory emphasizes that the burden of a specific factor tax is shared by other factors of production. For example, a tax imposed on labor will reduce the quantity of labor hired, increase the capital-to-labor ratio, and reduce interest rates. Thus, owners of capital will...

Due to limited access to foreign savings after the 2008 crisis, transition economies are forced to rely more on domestic savings in financing their growth. In that respect, it is often argued that the government should use tax policy to encourage domestic savings. Since the personal income tax...

This paper discusses President Trump's tax proposals and the House Republicans' Blueprint, and makes a number of suggestions that would allow President Trump to keep all of his tax policy campaign promises and some others

This study was drafted shortly after the announcement of the referendum by which the United Kingdom decided to leave the European Union. In this article, the authors make a comprehensive assessment of what would be the tax consequences attached the decision. The article is of interest not only...