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Law and Economics Commons

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Tax Law

University of California, Irvine School of Law

2021

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Full-Text Articles in Law and Economics

Public Health And Racial Inequality: Why The Opportunity Zone Program Fails Low-Income Communities And Costs Lives, Katie Raitz Nov 2021

Public Health And Racial Inequality: Why The Opportunity Zone Program Fails Low-Income Communities And Costs Lives, Katie Raitz

UC Irvine Law Review

“The rich man’s dog gets more in the way of vaccination, medicine and medical care than do the workers upon whom the rich man’s wealth is built."

Poor health outcomes are linked to long-standing wealth disparities for people of color in the United States. Wealth inequality has gotten worse over the past decades, despite attempts to improve it. The 2017 Opportunity Zone (OZ) tax program is the federal government’s most recent economic-development intervention. The OZ program provides for low-income census tracts in each state to be designated as “Opportunity Zones” and offers tax benefits for people who make investments in …


Taxing Option Luck, Jeesoo Nam Apr 2021

Taxing Option Luck, Jeesoo Nam

UC Irvine Law Review

As economic inequality reaches new heights every decade, academics stress the importance of the tax system in matters of equity. In contemporary winner-take-all markets, much of the massive income and wealth accumulated by the rich are the result of deliberate and calculated economic gambles that turned out in their favor. Yet theories of distributive justice such as Ronald Dworkin’s brute luck egalitarianism have committed themselves to the position that even if these market outcomes are the results of luck, the unequal outcomes are justified insofar as investors chose to take such risks.

This Article argues, in contrast to the aforementioned …