This book provides a historical understanding of current debates over tax reform and offers a comparative framework for discussing the relationship between fiscal policy and the distribution of income and wealth. Topics covered include the evolution of income taxation since World War II; the...

Intro -- COMPARATIVE PUBLIC BUDGETING -- DEDICATION -- CONTENTS -- ILLUSTRATIONS -- PREFACE -- 1. COMPARATIVE BUDGETING -- 2. BUDGETING IN THE UNITED STATES -- 3. COMMONWEALTH COUNTRIES -- 4. BUDGETING IN EUROPE AND THE EUROPEAN UNION -- 5. CENTRAL AND EASTERN EUROPE AND THE FORMER SOVIET UNION...

There is a wide bipartisan consensus that the US international tax regime is broken. We have the highest corporate tax in the OECD, which at 35% imposes a real burden on corporations earning mostly US source income. At the same time, US based multinationals pay very low effective tax rates on...