Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Law and Economics
How The United States Postal Service (Usps) Could Encourage More Local Economic Development, Randall K. Johnson
How The United States Postal Service (Usps) Could Encourage More Local Economic Development, Randall K. Johnson
Journal Articles
Over the last ten years, the United States Congress has made it increasingly difficult for the United States Postal Service ("USPS")1 to encourage economic development on the ground. Congress has deprived the USPS of its traditional means of achieving local economic development goals, which have largely benefited sub-national governments by providing indirect federal subsidies. This deprivation has occurred, at least in part, through the 2006 Postal Accountability and Enhancement Act ("PAE Act"), which expressly limits the USPS's right to offer certain non-services like domestic money transfers and other financial products. In an attempt to provide a measure of guidance to …
Why U.S. States Need Pension Waiver Credits, Randall K. Johnson
Why U.S. States Need Pension Waiver Credits, Randall K. Johnson
Journal Articles
[A] new tax expenditure concept, which is described for the first time in this article, achieves its goal by providing fresh consideration for each of the parties. This additional consideration takes two forms: a new tax credit allocation (i.e., this tax expenditure provides early access to retirement benefits, which would otherwise be accessible upon retirement, and thereby provides fresh consideration for public employees) and the right to discontinue offering defined-benefit pension plans (i.e., the waiver of this legal duty, which would otherwise need to be discharged, serves as fresh consideration for public employers). Because this fresh consideration is not tied …
How Tax Increment Financing (Tif) Districts Correlate With Taxable Properties, Randall K. Johnson
How Tax Increment Financing (Tif) Districts Correlate With Taxable Properties, Randall K. Johnson
Journal Articles
TIF literature does not answer a basic question:Does this economic development tool positively correlate with expanded tax bases? The question is important because it avoids the difficult issue of causation, while also yielding insight into the nature of the relationship between TIF and expanded tax bases. As a result, this Article answers the question for suburban Cook County, Illinois.