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- Additional revenue generation (1)
- Alternative estimate of compliance gains (1)
- Audit rates (1)
- Bond financing (1)
- CBO underestimate (1)
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- Cash flow (1)
- Deterrence (1)
- Diminishing returns (1)
- Fiber to the home (1)
- Government-owned network (1)
- Income taxation (1)
- Internal Revenue Service budget (1)
- Internet access (1)
- Investments in tax compliance (1)
- Law & economics (1)
- Longer-term enforcement gains (1)
- Municipal broadband (1)
- Municipal ownership of utilities (1)
- Net present value (1)
- Overhaul of IRS technology (1)
- Third-party reporting (1)
Articles 1 - 2 of 2
Full-Text Articles in Economics
Municipal Fiber In The United States: A Financial Assessment, Christopher S. Yoo, Jesse Lambert, Timothy P. Pfenninger
Municipal Fiber In The United States: A Financial Assessment, Christopher S. Yoo, Jesse Lambert, Timothy P. Pfenninger
All Faculty Scholarship
Despite growing interest in broadband provided by municipally owned and operated fiber-to-the-home networks, the academic literature has yet to undertake a systematic assessment of these projects’ financial performance. To fill this gap, we utilize municipalities’ official reports to offer an empirical evaluation of the financial performance of every municipal fiber project in the U.S. operating in 2010 through 2019. An analysis of the actual performance of the resulting fifteen-project panel dataset reveals that none of the projects generated sufficient nominal cash flow in the short run to maintain solvency without infusions of additional cash from outside sources or debt relief. …
Understanding The Revenue Potential Of Tax Compliance Investment, Natasha Sarin, Lawrence H. Summers
Understanding The Revenue Potential Of Tax Compliance Investment, Natasha Sarin, Lawrence H. Summers
All Faculty Scholarship
In a July 2020 report, the Congressional Budget Office estimated that modest investments in the IRS would generate somewhere between $60 and $100 billion in additional revenue over a decade. This is qualitatively correct. But quantitatively, the revenue potential is much more significant than the CBO report suggests. We highlight five reasons for the CBO’s underestimation: 1) the scale of the investment in the IRS contemplated is modest and far short of sufficient even to return the IRS budget to 2011 levels; 2) the CBO contemplates a limited range of interventions, excluding entirely progress on information reporting and technological advancements; …