Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- AMT reform (1)
- Alternative minimum tax (1)
- Automatic stabilization (1)
- Capital import neutrality (CIN) (1)
- Capital export neutrality (CEN) (1)
-
- Capital ownership neutrality (CON) (1)
- Direct investment (1)
- Economics (1)
- Federal remedies (1)
- Feminism (1)
- Foreign investment (1)
- Gender Studies (1)
- Immigration Law (1)
- Income Taxation (1)
- International Trade (1)
- International competitiveness (1)
- International taxation (1)
- Labor Economics (1)
- Law and Equality (1)
- Moral hazard (1)
- Portfolio investment (1)
- Pro-cyclical (1)
- Race Relations (1)
- Recession (1)
- Revenue (1)
- Risk (1)
- Section 892 (1)
- Sovereign wealth funds (1)
- State finances (1)
- Tax competition (1)
Articles 1 - 3 of 3
Full-Text Articles in Tax Law
State Finance In Times Of Crisis, Brian Galle, Jonathan Klick
State Finance In Times Of Crisis, Brian Galle, Jonathan Klick
All Faculty Scholarship
As recent events illustrate, state finances are pro-cyclical: during recessions, state revenues crash, worsening the effects of economic downturns. This problem is well-known, yet persistent. We argue here that, in light of predictable federalism and political economy dynamics, states will be unable to change this situation on their own. Additionally, we note that many possible federal remedies may result in worse problems, such as creating moral hazard that would induce states to take on excessively risky policy, both fiscal and otherwise. Thus, we argue that policy makers should consider so-called “automatic” stabilizers, such as are found in the federal tax …
Immigration Restriction As Redistributive Taxation: Working Women And The Costs Of Protectionism In The Labor Market, Howard F. Chang
Immigration Restriction As Redistributive Taxation: Working Women And The Costs Of Protectionism In The Labor Market, Howard F. Chang
All Faculty Scholarship
In this paper, I argue that tax and transfer policies are more efficient than immigration restrictions as instruments for raising the after-tax incomes of the least skilled native workers. Policies to protect these native workers from immigrant competition in the labor market do no better at promoting distributive justice and are likely to impose a greater economic burden on natives in the country of immigration than the tax alternative. These immigration restrictions are especially costly given the disproportionate burden that they place on households with working women, which discourages female participation in the labor force. This burden runs contrary to …
Taxation And The Competitiveness Of Sovereign Wealth Funds: Do Taxes Encourage Sovereign Wealth Funds To Invest In The United States?, Michael S. Knoll
Taxation And The Competitiveness Of Sovereign Wealth Funds: Do Taxes Encourage Sovereign Wealth Funds To Invest In The United States?, Michael S. Knoll
All Faculty Scholarship
Sovereign wealth funds (SWFs) control vast amounts of capital and have made and are continuing to make numerous large, high-profile investments in the United States, especially in the financial services industry. Those investments in particular and SWFs in general are highly controversial. There is much discussion of the advantages and disadvantages to the United States of investments by SWFs and there is an intense and ongoing debate over what should be the United States’ policy towards investments by SWFs. In the course of that debate, some critics have called upon the US government to abandon its long-held public position of …