Found 42 article(s) for author 'Taxation'

Revisiting the uneasy case for corporate taxation in an uneasy world

Revisiting the uneasy case for corporate taxation in an uneasy world. Mihir Desai, October 31, 2018, Paper, “Just as the public increasingly wants corporate taxation to serve as a mechanism for ensuring that business contributes to society, the sustainability of corporate taxation is increasingly under challenge by a changing global landscape. This tension between the heightened demands placed on the corporate tax system and its reduced capacity prompts the question: How can an increasingly tenuous fiscal instrument be modified to accommodate rising expectations? In this paper, we address this question by reviewing the empirical evidence on, and conceptual underpinnings of, the corporate tax. We place the taxation of corporations in a wider context that links it to ongoing debates on corporate law and governance and on corporate social responsibility.Link

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Taxation and Innovation in the 20th Century

Taxation and Innovation in the 20th Century. Tom Nicholas, Stefanie Stantcheva, September 2018, Paper, “This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We use three new datasets: a panel of the universe of inventors who patent since 1920; a dataset of the employment, location and patents of firms active in R&D since 1921; and a historical state-level corporate tax database since 1900, which we link to an existing database on state-level personal income taxes. Our analysis focuses on the impact of taxes on individual inventors and firms (the micro level) and on states over time (the macro level).Link

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Taxes for health: evidence clears the air

Taxes for health: evidence clears the air. Lawrence Summers, April 5, 2018, Opinion, “Although this argument may look appealing, clear thinking combined with good evidence reveals its many fallacies. An ethical judgment about taxing harmful products cannot rely on the question of tax regressivity alone. Rather, it requires consideration of all the effects, including the associated health…Link

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Debate: The US International Tax Reforms: Competition and Convergence, Pay-Offs and Policy Failures

Debate: The US International Tax Reforms: Competition and Convergence, Pay-Offs and Policy Failures. Stephen Shay, 2018, Paper, “The recent US tax reform’s international provisions are difficult for policymakers in other countries to comprehend. They are complex and in certain instances inconsistent with US international undertakings. Observers can best understand the…Link

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What Do Trade Agreements Really Do?

What Do Trade Agreements Really Do? Dani Rodrik, February 2018, Paper, “As trade agreements have evolved and gone beyond import tariffs and quotas into regulatory rules and harmonization, they have become more difficult to fit into received economic theory. Nevertheless, most economists continue to regard trade agreements such as the Trans Pacific Partnership (TPP) favorably. The default view seems to be that these arrangements get us closer to free trade by reducing transaction costs associated with regulatory differences or explicit protectionism. An alternative perspective is that trade agreements are the result of rent-seeking, self-interested behavior on the part of politically well-connected firms – international banks, pharmaceutical companies, multinational firms.Link

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The Secret to Getting More People to Pay Their Taxes

The Secret to Getting More People to Pay Their Taxes. Michael I. Norton, February 11, 2018, Opinion, “When people feel that they don’t have a voice in determining what their government does, they often check out of the political process. One result of that: They do what they can to avoid taxes. But there’s a way to change the way people feel—and increase tax compliance in the process.Link

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To improve global health, tax the things that are killing us

To improve global health, tax the things that are killing us. Lawrence Summers, January 18, 2018, Opinion, “Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. The world is going through a huge health transition, where the problems of the 6bn people who live in emerging markets are increasingly the problems of the 1bn people in rich countries. For the first time in history, more people suffer from eating too many calories than too few. Improving global health is no longer primarily about combating infectious diseases.” Link

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The Peril of Taxing Elite Higher Education

The Peril of Taxing Elite Higher Education. N. Gregory Mankiw, December 22, 2017, Opinion, “The tax legislation approved this week by Congress is a mixed bag. It combines some badly needed reforms with various messy provisions seemingly designed to keep accountants and tax lawyers fully employed. But the part of the bill that most disappoints me is a small, simple change in policy: a new tax on large university endowments.Link

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