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Social and Behavioral Sciences Commons™
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Articles 1 - 6 of 6
Full-Text Articles in Social and Behavioral Sciences
Providence's Unending Quest For Cash, Chester Smolski
Providence's Unending Quest For Cash, Chester Smolski
Smolski Texts
"The mayor of Providence has a big problem. How can he balance a budget that addresses the needs of an increasingly large number of people, yet deal with a declining tax base that is less able to pay for theses extra services?"
Why Not 'Soak' The Visitors?, Chester Smolski
Why Not 'Soak' The Visitors?, Chester Smolski
Smolski Texts
"Providence Mayor Vincent Cianci has a financial problem, which is not uncommon these days for just about any mayor. Center cities are faced with a host of problems that require sizable expenditures to address. And with the downturn in an economy making a feeble effort to recover, available resources are in scarce supply."
What's In Store For Social Security?, Chester Smolski
What's In Store For Social Security?, Chester Smolski
Smolski Texts
"Health-care costs are commanding considerable attention these days. From Washing, D.C., to Providence and state capitals across the nation, the burning questions are, "How much?" and "Who pays?""
Clintonomics: An Early Look, Murray L. Weidenbaum
Clintonomics: An Early Look, Murray L. Weidenbaum
Murray Weidenbaum Publications
More of an activist administration is expected during President Clinton's first term, which will include more regulation and higher business and upper income bracket taxation. More spending programs are expected as well, which could create opportunities for industrial companies that work with the government.
How Goes The American Dream?, Chester Smolski
How Goes The American Dream?, Chester Smolski
Smolski Texts
"Americans are a hard-working lot. The ambitious American worker has fewer holidays, less vacation time and other benefits than Western Europeans. They are well-rewarded for their pursuit of the American dream. Home ownership rates in this country are among the highest rates in the world. The typical American worker has more cars and more kitchen gadgets, electronic hardware, recreational gear and more computers in his home than any other worker in the world."
A Test Of The Theory Of Optimal Taxation For The United States, 1869-1989, Gregory Hess
A Test Of The Theory Of Optimal Taxation For The United States, 1869-1989, Gregory Hess
CMC Faculty Publications and Research
A popular theory of optimal tax policies suggests that tax rates should follow a random walk. This paper extends the existing empirical literature in three ways. First, the impact on the marginal utility of consumption when the government chooses a tax plan to smooth the distorting impact of taxes is considered. Second, exogenous changes in the real rate of interest are incorporated into the government's optimal tax plan. Finally, the tax elasticity of output is not constant over time. Allowing for these changes, there is evidence that the government discounts the future, attempts to smooth the distorting impact of taxes …