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. BarronAllen A. FawcettMarc A. C. HafsteadJames R. McFarlandAdele 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. RuebenFrank SammartinoRichard 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. BurmanKimberly A. ClausingLydia Austin
Journal Article

California’s new EITC provides an opportunity to consider whether
or not the design characteristics of the federal EITC, which most
states have simply replicated, should be reconsidered—either by
states acting on their own or perhaps by the federal government itself
...

September 14, 2017
Kim S. RuebenFrank SammartinoKirk J. Stark
Journal Article

A longstanding concern of state and local governments is that a federal value-added tax (VAT) could severely limit their reliance on sales taxes as a major source of revenue. This concern is too narrowly focused; a federal VAT could affect revenues from other sources and spending more than sales...

September 8, 2017
James R. NunnsEric Toder
Journal Article

Eric Toder discusses a potential Border Adjustment Tax and Destination Based Cash Flow in this Milken Review article, originally published here on Friday, March 24, 2017.

March 24, 2017
Eric Toder