State Expenditures, Tax Burden, and Wealth

State Expenditures, Tax Burden, and Wealth PDF Author: New York (State). Legislature. Special Joint Committee on Taxation and Retrenchment
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 170

Book Description


An Inquiry into the Nature and Causes of the Wealth of States

An Inquiry into the Nature and Causes of the Wealth of States PDF Author: Arthur Laffer
Publisher: John Wiley & Sons
ISBN: 1118921232
Category : Business & Economics
Languages : en
Pages : 373

Book Description
A passionate, detailed, quantified argument for state-level tax reform An Inquiry into the Nature and Causes of the Wealth of States explains why eliminating or lowering tax burdens at the state level leads to economic growth and wealth creation. A passionate argument for tax reform, the book shows that even states with small populations can benefit enormously with the right policies. The authors’ detailed exposition evaluates the impact state and local government policies have on a state’s relative performance and economic growth overall, backed up with economic data and analysis. Facts don’t lie. But they do point clearly to the failure of so-called progressive tax schemes designed more to curry favor with selected constituencies than to create an economic system that leads to individual wealth as the reward for hard work and entrepreneurial risk taking. An Inquiry into the Nature and Causes of the Wealth of States is a detailed and critical look at income taxation across the nation, and drills down into an analysis of the economic growth or malaise that results from tax policy. Arguing eloquently that a state cannot tax itself into prosperity, just as the impoverished cannot spend themselves into wealth, the authors point out what many inherently know but often fear to say out loud. The book provides detailed quantitative analysis, and discusses the policy variables that can have enormous effects on the financial well-being of states and individual residents, such as: Personal and corporate income tax rates Total tax burden as a percentage of personal income Estate and inheritance taxes Right-to-work laws An Inquiry into the Nature and Causes of the Wealth of States shows everyone how to evaluate state-level fiscal and economic policies to become more competitive.

Oregon Blue Book

Oregon Blue Book PDF Author: Oregon. Office of the Secretary of State
Publisher:
ISBN:
Category : Oregon
Languages : en
Pages : 232

Book Description


Rich States, Poor States

Rich States, Poor States PDF Author: Arthur B. Laffer
Publisher:
ISBN: 9780982231524
Category : Finance, Public
Languages : en
Pages : 164

Book Description


The Rich, The Poor, And The Taxes They Pay

The Rich, The Poor, And The Taxes They Pay PDF Author: Joseph A. Pechman
Publisher: Routledge
ISBN: 1000305171
Category : Political Science
Languages : en
Pages : 292

Book Description
This book presents a selection of essays on public finance, which is concerned with taxation, income maintenance, and social security, with emphasis on the analysis of policy alternatives to improve tax and transfer systems. It is useful for those who are interested in learning tax policy issues.

Financial Statistics of State and Local Governments: 1932

Financial Statistics of State and Local Governments: 1932 PDF Author: United States. Bureau of the Census
Publisher:
ISBN:
Category : Finance
Languages : en
Pages : 2048

Book Description


Making Money Matter

Making Money Matter PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309172888
Category : Education
Languages : en
Pages : 368

Book Description
The United States annually spends over $300 billion on public elementary and secondary education. As the nation enters the 21st century, it faces a major challenge: how best to tie this financial investment to the goal of high levels of achievement for all students. In addition, policymakers want assurance that education dollars are being raised and used in the most efficient and effective possible ways. The book covers such topics as: Legal and legislative efforts to reduce spending and achievement gaps. The shift from "equity" to "adequacy" as a new standard for determining fairness in education spending. The debate and the evidence over the productivity of American schools. Strategies for using school finance in support of broader reforms aimed at raising student achievement. This book contains a comprehensive review of the theory and practice of financing public schools by federal, state, and local governments in the United States. It distills the best available knowledge about the fairness and productivity of expenditures on education and assesses options for changing the finance system.

Inequality in America

Inequality in America PDF Author: Eric M. Zolt
Publisher:
ISBN:
Category :
Languages : en
Pages : 54

Book Description
The goal of this article is to provide a guide to addressing tax and spending policies in an era of increasing inequality of income and wealth. This is challenging because it requires a good understanding of inequality and economic mobility, the changing role of taxes and government social spending, the constraints on policy options, and the possible misconceptions that may influence tax and spending policies.Inequality in the United States has increased dramatically over the last 30 years. Perhaps even more troubling than the rise in inequality may be the persistence of high levels of poverty and the decline in economic mobility. The same thirty-year period during which inequality has increased, poverty levels have not declined, and economic mobility has decreased has seen major changes in fiscal policy. Tax law changes have altered the relative tax rates, the relative revenue contributions from different tax instruments, and the tax burdens of different income groups. Government spending on social programs has increased substantially, but perhaps not in ways one might expect. The United States likely has a smaller percentage of government social spending going to the needy than other developed countries. In recent decades, an increasingly larger percentage of social spending has been directed to the elderly (without regard to need) and to the upper-half of the income distribution through tax subsidies for healthcare, education, housing, and retirement savings.The essential first step in shaping fiscal policy is to identify clearly the relative priorities among reducing inequality, reducing poverty, and increasing economic mobility. Tax and spending policies will differ depending on the weight given each of these objectives, and especially in a world of relatively limited resources, the government needs to make difficult choices. Perhaps the most significant implication of this reality is that it may be time to stop thinking about increasing the income tax burden on the wealthy as the only, or perhaps even the primary, way to increase funding for social spending programs. The United States may need less progressive (or even regressive) taxes to fund more progressive spending programs.

Public Expenditures, Taxes, and the Distribution of Income

Public Expenditures, Taxes, and the Distribution of Income PDF Author: Morgan O. Reynolds
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 176

Book Description
Monograph on comparison of income distribution trends, adjusted for taxes and public expenditure, in the USA for the years 1950, 1961 and 1970 - presents alternative definitions, empirical methodology and results (gini concentration ratios and lorenz curves), and finds no significant change in the dispersion of final income and that the overall tax system has drifted from progressive to slightly regressive, which in turn, has been offset by social security and other programmes. Bibliography pp. 133 to 139 and graphs.

OECD Tax Policy Studies Taxing Working Families A Distributional Analysis

OECD Tax Policy Studies Taxing Working Families A Distributional Analysis PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264013210
Category :
Languages : en
Pages : 135

Book Description
Taxing Working Families provides insights into how income taxes and social security contributions affect the distribution of income between different types of families in OECD countries.