Journal Article

In this article, Auerbach, Gale, and Krupkin discuss the federal budget outlook, examining long-term debt and the fiscal gap using recently updated data from the Congressional Budget Office and the Social Security and Medicare boards of trustees.

July 30, 2018
Alan J. Auerbach, William G. Gale, Aaron Krupkin
Journal Article

In this paper, part of the Carbon Tax Research Initiative led by Columbia University’s SIPA Center on Global Energy Policy, we estimate how a carbon tax would affect the distribution of tax burdens across US taxpayers. We consider three carbon tax scenarios that would price carbon at roughly $14...

July 19, 2018
Joseph Rosenberg, Eric Toder, Chenxi Lu
Journal Article

Widespread and profound public misinformation about government presents a serious challenge for democratic accountability. This paper demonstrates that two of the most common examples of public misperception may be systematically overestimated; public misperceptions of government spending are in...

January 23, 2018
Vanessa Williamson
Journal Article

The Energy Modeling Forum (EMF) 32 study on carbon tax scenarios analyzed a set of illustrative policies in the United States that place an economy-wide tax on fossil-fuel-related carbon dioxide (CO2) emissions, a carbon tax for short. Eleven modeling teams ran these stylized scenarios, which...

March 20, 2018
James R. McFarland, Allen A. Fawcett, Adele C. Morris, John M. Reilly, Peter J. Wilcoxen
Journal Article

The Stanford Energy Modeling Forum exercise 32 (EMF 32) used 11 different models to assess emissions, energy, and economic outcomes from a plausible range of economy-wide carbon price policies to reduce carbon dioxide (CO2) emissions in the United States. Here we discuss the most policy-relevant...

March 20, 2018
Alexander R. Barron, Allen A. Fawcett, Marc A. C. Hafstead, James R. McFarland, Adele C. Morris
Journal Article

The House and Senate just passed different versions of proposals to restructure the federal income tax. As of December 12, 2017, a House-Senate conference committee was reconciling the two bills.  The bills reduce the corporate tax rate to 20 percent, introduce a preference for income from pass-...

December 14, 2017
Eric Toder
Journal Article

In this article, Rosenthal evaluates the benefit to foreign investors from lowering the corporate income tax rate.

This article was originally published by...

October 23, 2017
Steven M. Rosenthal
Journal Article

Current discussions about federal tax reform include a number of proposals that could impact the states. These items may broaden the tax base and increase state revenue, or put pressure on states to cut taxes and reduce revenue, or even create administrative challenges for states. In this...

October 30, 2017
Kim S. Rueben, Frank Sammartino, Richard C. Auxier
Journal Article

Eric Toder distinguishes the difference between tax reform and tax cuts and in this article, originally published on August 22, 2017 in the Harvard Business Review online.

September 21, 2017
Eric Toder
Journal Article

Using data from several sources, we show that the vast majority of corporate income is not double-taxed in the United States. We estimate that the taxable share of U.S. corporate equity has declined dramatically in recent years, from over 80 percent in 1965 to about 30 percent at present. We...

September 8, 2017
Leonard E. Burman, Kimberly A. Clausing, Lydia Austin