Law Commons^™

Tax Theories And Tax Reform, Christopher H. Hanna

SMU Law Review

Tax scholars have developed a number of theories over the years with respect to a pure (or normative) income tax system. These theories seem to be more important than ever, particularly in light of the current Administration's interest in tax reform. It appears that in developing a pure income tax system, three theories are of particular importance: the Haig-Simons definition of income, Samuelson depreciation, and the Cary Brown model. The Cary Brown model also is important in understanding a pure consumption tax system.

This brief paper discusses the history behind each theory and demonstrates an application of the theory. It …

The Magic In The Tax Legislative Process, Christopher H. Hanna

SMU Law Review

In enacting the tax laws, Congress and others involved in the legislative process have been accused by many, including individual members of Congress, congressional aides, and the press, of employing gimmicks and sleight of hand as part of the tax legislative process. Some of these so-called gimmicks include the use of non-code provisions to benefit certain taxpayers, the use of the alternative minimum tax to scale back tax benefits (and lower revenue costs), and also the use of delayed effective dates and transition rules to lower revenue costs.

Magicians use the term gimmick quite often. In fact, the term "gimmick" …

Conflict Of Laws, James P. George, Anna K. Teller

SMU Law Review

No abstract provided.

Environmental Law, Scott D. Deatherage, Becky Jolin, Elizabeth Webb, Matthew J. Knifton, Brendan Lowrey, Chris Smith

SMU Law Review

No abstract provided.