Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Publication
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
Tax Structure And Political Support: Equity-Related Goods Taxation., Jonathan Mckernan
Tax Structure And Political Support: Equity-Related Goods Taxation., Jonathan Mckernan
Masters Theses
We focus this paper on a political economic question, What determines the U.S. states’ sales tax treatment of equity-related goods? We consider a good to be “equity related” when its consumption is essential to survival. States sometimes choose to tax these goods uniquely, often exempting them from the sales tax base. The equity-related goods for this paper are food, clothing, water, electricity, household fuel, and natural gas. All these goods are for home consumption. This question is relevant to the larger issue of how tax structure evolves or is determined. We test the theoretical explanation of tax structure determination that …
Investigating The Impact Of Aggregate Household Wealth Changes: Permanent Versus Transitory Wealth Effects On Consumption And Taxable Income, Markland Howard Tuttle
Investigating The Impact Of Aggregate Household Wealth Changes: Permanent Versus Transitory Wealth Effects On Consumption And Taxable Income, Markland Howard Tuttle
Doctoral Dissertations
This dissertation examines the permanent and transitory effects of aggregate wealth changes on aggregate consumption and the distribution of taxable income, while controlling for other important macroeconomic factors. In the three essays presented, the first investigates the relationship between consumption, wealth, and disposable income. In addition, the relationship between the disaggregated components of consumption (non-durable, durable, and services consumption), wealth, and disposable income is explored. Through the use of cointegration techniques and Vector Error-Correction Models, the permanent and transitory responses of all series are investigated. The findings suggest that aggregate consumption, wealth, and disposable income are endogenous in the long …