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
Journal Article

Eric Toder describes the tax advantages pass-through businesses face in this article published by the Milken Institute Review.

January 3, 2017
Eric Toder
Journal Article

In this article, Rosenthal argues that Republican presidential nominee Donald Trump aggressively stretched the law to avoid hundreds of millions of dollars of discharge of indebtedness income.

This article was originally published by TaxNotes.

November 7, 2016
Steven M. Rosenthal
Journal Article

Eric Toder and Alan Viard address corporate tax avoidance in the U.S. and suggest taxing shareholders at a higher rate would prevent companies from shifting their profits abroad.

November 1, 2016
Eric ToderAlan Viard
Journal Article

We propose reducing the corporate tax rate to 15 percent and replacing the foregone revenue with a tax at ordinary income rates on the accrued, or mark-to-market, income of American shareholders of publicly traded corporations, accompanied by an imputation credit for U.S. corporate income taxes...

September 1, 2016
Eric ToderAlan Viard
Journal Article

In this report, Rosenthal and Austin demonstrate that the share of U.S. stocks held by taxable accounts has declined sharply over the last 50 years, and they urge lawmakers to carefully consider this shareholder base erosion when determining how best to tax corporate earnings.

May 16, 2016
Steven M. RosenthalLydia Austin
Journal Article

Looking specifically at taxes, Brookings Senior Fellow William Gale and Research Assistant Aaron Krupkin write that the U.S. does not have a good tax system that raises the revenues needed “to finance government spending in a manner that is as simple, equitable, and growth-friendly as possible...

November 25, 2015
William G. GaleAaron Krupkin