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Full-Text Articles in Social and Behavioral Sciences
Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves
Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves
Robert L Sexton
After an extensive discussion of the nature of the interactions among unions, corporations, and government, we find that government in granting privileges to workers organized into unions implicitly taxes capital formation. The result has been to lessen the attention business decisions pay to the future, to substitute excessive wages for appropriate capital investment, and to reduce the competitive vitality of major U.S. industries.
Restricting Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles, James E. Long
Restricting Taxation: The Impact Of Proposition 13 On California Tax And Expenditure Trends, Robert L. Sexton, Gary M. Galles, James E. Long
Robert L Sexton
Abstract: This paper examines trends in California taxes and expenditures at the state and local level. In particular, it considers whether Proposition 13, which has been blamed by politicians and the press for virtually every ensuing fiscal problem facing state and local governments in California, deserves such criticism, or whether the roots of those problems lie elsewhere.
Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves
Union Myopia And The Taxation Of Capital, Dwight Lee, Robert L. Sexton, Philip E. Graves
Robert L Sexton
After an extensive discussion of the nature of the interactions among unions, corporations, and government, we find that government in granting privileges to workers organized into unions implicitly taxes capital formation. The result has been to lessen the attention business decisions pay to the future, to substitute excessive wages for appropriate capital investment, and to reduce the competitive vitality of major U.S. industries.