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Articles 1 - 2 of 2
Full-Text Articles in Tax Law
Tax In The Cathedral: Property Rules, Liability Rules, And Tax, Andrew Blair-Stanek
Tax In The Cathedral: Property Rules, Liability Rules, And Tax, Andrew Blair-Stanek
Andrew Blair-Stanek
The distinction between property rules and liability rules has revolutionized our understanding of many areas of law. But scholars have long assumed that this distinction has no relevance to tax law. This assumption is flatly wrong. Tax law currently uses both property rules and liability rules, and the choice between them has real consequences. When a taxpayer violates a requirement for a favorable tax status, tax law either imposes additional tax proportionate to the harm (a liability rule) or imposes the draconian penalty of taking away the tax status entirely (a property rule). This recognition has three key implications. First, …
The Moonscape Of Tax Equality: Windsor And Beyond, Anthony C. Infanti
The Moonscape Of Tax Equality: Windsor And Beyond, Anthony C. Infanti
NULR Online
No abstract provided.