The silence of Congress : state taxation of interstate commerce / Joseph F. Zimmerman.

Format:

Book

Author/Creator:

Zimmerman, Joseph Francis, 1928-2022.

Language:

English

Subjects (All):

Intergovernmental tax relations--United States.

Intergovernmental tax relations.

Interstate commerce--Taxation.

United States.

Interstate commerce--Taxation--United States--States.

Interstate commerce.

Physical Description:

xi, 284 pages ; 24 cm

Other Title:

State taxation of interstate commerce

Place of Publication:

Albany : State University of New York Press, 2007.

Summary:

The Silence of Congress is the first book to examine state taxation of interstate commerce and the relative inactivity on the part of Congress to regulate such commerce. As states actively seek to maximize tax revenues, Congressional silence has affected both citizens and corporations and resulted in myriad tax inequalities from one state to another on such things as personal income, estates, cigarettes and alcoholic beverages, tourism, and even visiting athlete status. Inconsistencies also affect a state's ability to attract and hold lucrative business investments such as sports franchises and gambling facilities. Noting that Congress has been slow to take advantage of the broad powers granted it by the United States Constitution in this area, Joseph F. Zimmerman evaluates the usefulness of Adam Smith's four universally acclaimed maxims of fair taxation and recommends changes to ground rules that would increase cooperation between states while aiding in the creation of a more perfect economic union.

Contents:

State competition for tax revenue

Excise and documentary taxes

Severance taxes

The nonresident income tax

Corporate income taxation

Escheats and tax revenue

Competition for other tax resources

The silence of Congress

Fairness in taxation of interstate income.

Notes:

Includes bibliographical references (pages 233-277) and index.

ISBN:

9780791472057

0791472051

OCLC:

77004167