Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
-
- Taxation (3)
- Capital relocations (1)
- Cigarette demand (1)
- Climate change (1)
- EITC (1)
-
- ERTA (1)
- Earned Income Tax Credit (1)
- Economic Recovery Tax Act of 1981 (1)
- Estate tax (1)
- Excise taxes (1)
- Land ownership (1)
- Land rent (1)
- Land tax (1)
- Land transfer (1)
- Land use rights (1)
- Land value (1)
- Legislative endogeneity (1)
- Life insurance (1)
- Local taxes (1)
- Nonbusiness taxes (1)
- Optimal taxation (1)
- Panel Study of Income Dynamics (1)
- Persistence (1)
- Personal income (1)
- Property tax (1)
- Regional development (1)
- Small businesses (1)
- Social mobility (1)
- Social policy (1)
- TRA86 (1)
Articles 1 - 8 of 8
Full-Text Articles in Taxation
An Introduction To The China Land Sales Data Set: The Universe Of Land-Use-Right Transfers In China 2000-2022, Yilin Hou, Lin Li, Qiang Ren
An Introduction To The China Land Sales Data Set: The Universe Of Land-Use-Right Transfers In China 2000-2022, Yilin Hou, Lin Li, Qiang Ren
Center for Policy Research
The China Land Sales Data Set (2000-2022) includes the universe of land-use-right sales in China in the first 23 years of the 21st century, a period of the fastest mass urbanization and intense infrastructure construction in China’s history, that accompanied the rapid growth of China’s economy and household income. For this reason, this data set carries substance in many ways for anyone who needs to understand the occurrences in China of that period. The phrase “land sale” refers to the transfer of land-use right from the state as the sole owner of urban land to any individual, firm or entity …
On The Legal-Theoretical Foundations Of Property Taxation Under State Ownership Of Land, Tianke Ban, Yilin Hou, Ping Zhang
On The Legal-Theoretical Foundations Of Property Taxation Under State Ownership Of Land, Tianke Ban, Yilin Hou, Ping Zhang
Center for Policy Research
The general public and even some scholars challenge the legitimacy of levying the property tax under conditions where land is state-owned and multi-year land-use fees have already been collected at the time of house sales. This challenge points to the legal- theoretical foundations of property taxation: the core issue is whether the rights and economic utility of China's construction land-use-rights (CLUR) are sufficient to be treated as the object of property tax levy. China's Civil Law stipulates that CLUR holders have the rights to possess, use, and profit from the land during their use period, as well as the right …
A Capital Idea? The Welfare Effects Of Relocating Indonesia’S Government To A New City, Alexander D. Rothenberg, Radine Rafols, Yao Wang, Yi Jiang
A Capital Idea? The Welfare Effects Of Relocating Indonesia’S Government To A New City, Alexander D. Rothenberg, Radine Rafols, Yao Wang, Yi Jiang
Center for Policy Research
Many developing countries are planning to create new capital cities, a place-making policy designed to alleviate congestion and respond to climate change. To evaluate growth and welfare effects, we specify a dynamic quantitative spatial model with public employment, informality, fiscal transfers, and frictions in trade and migration. We calibrate the model with data from Indonesia and conduct policy experiments studying the creation of Nusantara in East Kalimantan. Despite increasing employment in the new capital region, we find that building Nusantara reduces national growth and welfare. Climate change attenuates its negative welfare effects, but only slightly.
Effects Of A Tax Reform In The Dominican Republic (Dr) During A Pandemic, Sofia Moquete
Effects Of A Tax Reform In The Dominican Republic (Dr) During A Pandemic, Sofia Moquete
International Programs
The COVID-19 pandemic and the change of government produced negative effects in the DR. However the possibility of a tax reform during these times triggers future economic and social instability.
Public Sentiment And Tobacco Control Policy, Perry Singleton
Public Sentiment And Tobacco Control Policy, Perry Singleton
Center for Policy Research
The well-documented correlation between cigarette excise taxes and cigarette demand may not be entirely causal if excise taxes reflect public sentiment towards smoking. I consider whether proxies for smoking sentiment--the prevalence of smoking by education and intention to quit statuses--are correlated with support for and implementation of tobacco control laws. I find that cigarette excise taxes are most sensitive to the prevalence of educated smokers who do not want to quit. Additionally, when proxies for public sentiment are included, the estimated elasticity of cigarette demand declines from -2.0 to -1.3.
Tax Reform And Automatic Stabilization, Thomas J. Kniesner, James P. Ziliak
Tax Reform And Automatic Stabilization, Thomas J. Kniesner, James P. Ziliak
Center for Policy Research
A fundamental property of a progressive income tax is that it provides implicit insurance against shocks to income by dampening the variability of disposable income and consumption. The Economic Recovery Tax Act of 1981 (ERTA) in combination with the Tax Reform Act of 1986 (TRA86) greatly reduced the number of marginal tax brackets and the maximum marginal rate, which limits the stabilizing effect of the tax system on household consumption when pre-tax income fluctuates. We examine the effect of the federal income tax reforms of the 1980s on the associated degree of automatic stabilization of consumption. The empirical framework derives …
The Eitc: Expectation, Knowledge, Use, And Economic And Social Mobility, Timothy M. Smeeding, Katherine Ross Phillips, Michael O'Connor
The Eitc: Expectation, Knowledge, Use, And Economic And Social Mobility, Timothy M. Smeeding, Katherine Ross Phillips, Michael O'Connor
Center for Policy Research
This paper presents initial findings on the economic impact of the Earned Income Tax Credit (EITC) based on a sample of Chicago area households that filed tax returns in the spring of 1998. Respondents reported on their detailed use of the funds to pay bills, purchase new items, or save. Asset information on the households was also gathered, along with questions regarding the ability of households to make particular expenditures without the help of the EITC. Uses of the EITC are divided into those that improve social mobility (e.g., purchase a car, pay tuition, change housing) and those that primarily …
Estate Taxes, Life Insurance, And Small Business, Douglas Holtz-Eakin, John Phillips, Harvey Rosen
Estate Taxes, Life Insurance, And Small Business, Douglas Holtz-Eakin, John Phillips, Harvey Rosen
Center for Policy Research
One criticism of the estate tax is that it prevents the owners of family businesses from passing their enterprises onto their children. The problem is that it may be difficult to pay estate taxes without liquidating the business. A natural question is why individuals with such concerns do not purchase enough life insurance to meet their estate tax liabilities. This paper examines whether and how people use life insurance to deal with the estate tax. We find that, other things being the same, business owners purchase more life insurance than other individuals. However, on the margin, their insurance purchases are …