Two things are certain in life: Death and taxes. As evidenced by Facebook groups like ‘I Hate Paying Taxes!’, it’s not clear which of the two people dislike more. Indeed, people can prefer to pay more for a product and avoid tax than get the product for cheap but know that the government is taking a cut (Sussman and Olivola 2011).
Can giving taxpayers a voice increase tax compliance?
Cait Lamberton, Jan-Emmanuel De Neve, Michael I. Norton, 30 May 2014
It’s time to eliminate the US corporate income tax
Laurence J. Kotlikoff, 14 January 2014
Perhaps the most maddening aspect of America’s dangerous government’s political infighting is the failure of politicians in both parties to agree to reforms on which they agree.
Who benefits from state corporate tax cuts? A local labour markets approach with heterogeneous firms
Owen Zidar, 13 December 2013
State and local governments have been increasing business location incentives and cutting corporate taxes to attract businesses to their jurisdictions. For instance, Jay Inslee, the Gov. of Washington, recently passed a $9 billion corporate tax package for Boeing to retain its manufacturing base near Seattle. It is the largest corporate tax break any state has ever granted a company.
Tax policy in (and for) hard times
Michael Keen, 16 October 2013
Tax policy, like everything else, has been through tough times since the onset of the crisis. First, tax policy was to stimulate the economy (Heady 2011). Now it is to help consolidate the fiscal position – always with considerable urgency and all in the midst of public anger and disquiet.
Removing deadweight loss from economic discourse on income taxation and public spending
Charles F Manski, 18 August 2013
The anti-tax rhetoric evident in much lay discussion of public policy draws considerable support from the prevalent negative language of professional economic discourse. Economists regularly write about the 'inefficiency', 'deadweight loss', and 'distortion' of income taxation.
France’s weak economic performance: Sick of taxation?
Balázs Égert, 10 May 2013
France is often labelled these days as one of Europe’s problem children (The Daily Telegraph 2013, Handelsblatt 2013). Indeed, France is one of the OECD countries which has recorded the weakest real per capita income growth over the last two decades or so (Figure 1).
Who really pays social security contributions and labour taxes?
José M. González-Páramo, Ángel Melguizo, 6 February 2013
For almost two decades, a common policy recommendation to boost job creation from academic and international institutions has been to reduce social contributions.
Are the Nordic countries really less innovative than the US?
Mika Maliranta, Niku Määttänen, Vesa Vihriälä, 19 December 2012
The cut-throat versus cuddly capitalism distinction (Acemoglu et al. 2012) resonates with widely-held stereotypes. The US is a ‘mean streets’ sort of place to live but the law of the jungle approach to capitalism produces breakthrough innovations.
Impacts of redistribution on the size and composition of the workforce
Casey B. Mulligan, 31 October 2012
The US economy experienced an unusually deep and prolonged contraction, especially in its labour markets (Federal Reserve 2012). Employment and hours worked fell during 2008 and 2009 for many demographic groups, but disproportionately so among less skilled people, and among the unmarried. As of 2012, labour market activity still remained far below pre-recession levels.
Capital gains taxation and the cost of capital
Harry Huizinga, Johannes Voget, Wolf Wagner, 31 October 2012
Individuals who sell appreciated shares typically have to pay tax on their capital gains. The US, for instance, currently has a 15% tax on long-term capital gains, which is scheduled to increase to 23.8% in 2013. The average tax rate among OECD countries was 12.6% in 2007.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche