This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer (2010). Results indicate a moderate, but statistically...

This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer (2010). Results indicate a moderate, but statistically...

This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer (2010). Results indicate a moderate, but statistically...

This article discusses the origin and effects of George W. Bush's 2001 tax cut. It concludes that it was a failure except in terms of dissipating the budget surplus, which was one of its primary purposes

Unlike many social and physical sciences, legal scholarship includes little or no discussion of what models mean, how they are connected to the real world of law and policy, or how they should, and should not, be used by legal scholars. This void exists notwithstanding legal scholarship's...

We present four important dimensions to international tax policy from a tax-systems perspective, stressing that non-rate/base tax policies can have different cross-jurisdictional spillover effects than changes in tax rates. The dimensions are the allocation of global income among taxing...

This article is the second and third part of a three-part article which reviews the Tax Cuts and Jobs Act of 2017 (TCJA) and its impact on Investors, their trusts, investment entities, retirement plans and estates, and also tracks its legislative history through Congress. Part 2 of this article...

This article is the first of three parts (Part 1) and examines the Tax Cuts and Jobs Act of 2017 and its impact on investors and their investment entities, retirement plans, trusts and estates and also tracks its legislative history through Congress. This article focuses on the tax reform's...

This article continues Part 1 (see SSRN submission) and examines the Tax Cuts and Jobs Act of 2017 (TCJA) and its impact on investors, their trusts, investment entities, retirement plans and estates. Part 2 analyzes the business tax reform and Part 3, the compensation reforms