Economic effects of fundamental tax reform / edited by Henry Aaron, William G. Gale.

Format:

Book

Contributor:

Aaron, Henry J., editor.

Gale, William G., editor.

Language:

English

Subjects (All):

Tax incidence--United States--Congresses.

Tax incidence.

Taxation--United States--Congresses.

Taxation.

Physical Description:

1 online resource (540 pages)

Place of Publication:

Washington, D.C. : The Brookings Institution, [1996]

Summary:

The tax system profoundly affects countless aspects of private behavior. It is a powerful policy influence on the distribution of income and it is the one aspect of government that almost every citizen cannot avoid. With tax reform high on the political agenda, this book brings together studies of leading tax economists and lawyers to assess the various reform proposals and examine the effects of tax reform in several distinct areas. Together, these studies and comments on them present a balanced evaluation of professional opinion on the issues that will be critical in the tax reform debate. The book addresses annual and lifetime distributional effects, saving, investment, transitional problems, simplification, home ownership and housing prices, charitable groups, international taxation, financial intermediaries and insurance, labor supply, and health insurance. In addition to Henry Aaron and William Gale, the contributors include Alan Auerbach, University of California, Berkeley; David Bradford, Princeton University; Charles Clotfelter, Duke University; Eric Engen, Federal Reserve; Don Fullerton, University of Texas; Jon Gruber, Massachusetts Institute of Technology; Patric Hendershott, Ohio State; David Ling, University of Florida; Ronald Perlman, Covington & Burling; Diane Lim Rogers, Congressional Budget Office; John Karl Scholz, University of Wisconsin; Joel Slemrod, University of Michigan; and Robert Triest, University of California, Davis.

Contents:

Cover

Contents

1. Introduction

Part One: Saving, Investment, and Economic Growth

2. Tax Reform, Capital Allocation, Efficiency, and Growth

3. The Effects of Fundamental Tax Reform on Saving

Part Two: Behavioral Effects

4. Fundamental Tax Reform and Employer-Provided Health Insurance

5. Taxes, Mortgage Borrowing, and Residential Land Prices

6. The Impact of Fundamental Tax Reform on Nonprofit Organizations

7. Fundamental Tax Reform and Labor Supply

Part Three: Incidence

8. Distributional Effects of Fundamental Tax Reform

9. Lifetime Effects of Fundamental Tax Reform

Part Four: Administrative and Transitional Issues

10. Which Is the Simplest Tax System of Them All?

11. Transition Issues in Moving to a Consumption Tax: A Tax Lawyer's Perspective

Part Five: Finance and International Effects

12. Treatment of Financial Services under Income and Consumption Taxes

13. Fundamental Tax Reform in an International Setting

Contributors

Participants

Index.

Notes:

Description based on print version record.

Includes index.

ISBN:

0-8157-0729-0