In this essay by Senior Fellow Eugene Steuerle, he argues that with more discretionary policy, long-term estimates would be less necessary and less influential on the policy process. He concludes that the current entitlement government dodges periodic review of programs, bypasses the...
Senior Fellow Eugene Steuerle argues that by hiding the ways in which income avoids taxation, one might end up supporting a less efficient tax system, larger government, and higher tax rates.
Senior Fellow Eugene Steuerle examines the relationship between good tax policy, deficits, and surpluses in this essay, drawing implications to current policy development.
In this essay, Senior Fellow Eugene Steuerle argues that the IRS's current reorganizational efforts may be successful in a lot of ways, but they will be inadequate if the it does not figure out how to better assess the programs under its charge.
In this essay, Senior Fellow Eugene Steuerle discusses his main concern with the IRS -- the fact that it is not organized according to the programs it administers as much as by tax returns.
Senior Fellow Eugene Steuerle examines just how large the nearly $800 billion Taxpayer Refund and Relief Act of 1999 recently passed by Congress really is, and how it compares to past tax legislation.
Senior Fellow Eugene Steuerle argues that saving the surplus is good, but it is not always better than tax cuts. And while smaller government avoids some of the distortions associated with larger government, it is not always superior to a government that better meets important societal needs....
Senior Fellow Eugene Steuerle considers 1999 tax proposals, and concludes that current law sets a baseline that can be misleading when measuring the costs of a tax bill. A different baseline would yield a very different perception of when the tax bill was costing revenues and when it was not. In...
This article introduced FAS 133, which was a new accounting standard for derivatives and hedges—and then compared the tax rules applicable to these instruments. It suggested the two sets of rules be reconciled. That is, derivatives be marked-to-market for tax purposes, as they are for financial...
Are Estimates for Years to Come Merely Science Fiction?
In this essay by Senior Fellow Eugene Steuerle, he argues that with more discretionary policy, long-term estimates would be less necessary and less influential on the policy process. He concludes that the current entitlement government dodges periodic review of programs, bypasses the...
Should Taxpayers Be Classified by a Comprehensive Measure of Income?
Senior Fellow Eugene Steuerle argues that by hiding the ways in which income avoids taxation, one might end up supporting a less efficient tax system, larger government, and higher tax rates.
Are Good Times and Good Tax Policy Incompatible?
Senior Fellow Eugene Steuerle examines the relationship between good tax policy, deficits, and surpluses in this essay, drawing implications to current policy development.
IRS Organization and Reorganization: A Remaining Defect - Part 2 of 2
In this essay, Senior Fellow Eugene Steuerle argues that the IRS's current reorganizational efforts may be successful in a lot of ways, but they will be inadequate if the it does not figure out how to better assess the programs under its charge.
IRS Organization and Reorganization: A Remaining Defect - Part 1 of 2
In this essay, Senior Fellow Eugene Steuerle discusses his main concern with the IRS -- the fact that it is not organized according to the programs it administers as much as by tax returns.
The Uncertain Support Behind 'Marriage Penalty' Relief
Senior Fellow Eugene Steuerle examines the political challenges of achieving true marriage penalty relief in the tax code.
Just How Big is the Tax Bill?
Senior Fellow Eugene Steuerle examines just how large the nearly $800 billion Taxpayer Refund and Relief Act of 1999 recently passed by Congress really is, and how it compares to past tax legislation.
Greenspan and the Economists' Mantra on Tax Cuts
Senior Fellow Eugene Steuerle argues that saving the surplus is good, but it is not always better than tax cuts. And while smaller government avoids some of the distortions associated with larger government, it is not always superior to a government that better meets important societal needs....
The Cost of the Tax Bill: Do We Count Fairly?
Senior Fellow Eugene Steuerle considers 1999 tax proposals, and concludes that current law sets a baseline that can be misleading when measuring the costs of a tax bill. A different baseline would yield a very different perception of when the tax bill was costing revenues and when it was not. In...
Tax and Accounting for Derivatives: Time for Reconciliation
This article introduced FAS 133, which was a new accounting standard for derivatives and hedges—and then compared the tax rules applicable to these instruments. It suggested the two sets of rules be reconciled. That is, derivatives be marked-to-market for tax purposes, as they are for financial...