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Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 6 of 8)

Part Six: Determining the Tax (and Expenditure) Base
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle discusses how to determine the tax and expenditure base.
January 17, 2000C. Eugene Steuerle
Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 5 of 8)

Part Five: The Inconsistent Measure of Progressivity in Tax and Expenditure Systems
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle discusses the measurement of progressivity.
January 10, 2000C. Eugene Steuerle
Federal Budget and Economy

Major Enacted Tax Legislation, 2000-2009

American Recovery and Reinvestment Tax Act of the American Recovery and Reinvestment Act of 2009
  • Individual income tax relief. Created the Making Work Pay Credit and the American Opportunity Tax Credit. Increased the EITC rate for families with three or more children to 45 percent; increased phaseout range for married couples to $5,000 over that for single/head of household filers.
Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 4 of 8)

Part Four: How Much Progressivity
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle discusses the challenge of determining how much progressivity is good for the tax system.
December 20, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 3 of 8)

Part Three: Progressivity versus Individual Equity
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle compares the importance of progressivity with the need for individual equity.
December 13, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 2 of 8)

Part Two: Horizontal and Vertical Equity
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle discusses the importance of both horizontal and vertical equity.
December 6, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

And Equal (Tax) Justice for All? (Part 1 of 8)

Part One: Equity on the Highest Throne
In this essay, as part of a series on tax justice, Senior Fellow Eugene Steuerle discusses the primary importance of equity in the tax system.
November 22, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

New Planners, The

Senior Fellow Eugene Steuerle explores the issue of planning in governmental affairs, arguing that of late, the political debate is mainly over who will do the planning, not whether the planning itself is excessive.
November 15, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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 appropriations
October 25, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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.
October 18, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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.
October 11, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

IRS Organization and Reorganization: A Remaining Defect - Part 2 of 2

Part Two: Reporting on the Programs IRS Administers
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.
September 27, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

IRS Organization and Reorganization: A Remaining Defect - Part 1 of 2

Part One: Inadequate Assessment of Agency Programs
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.
September 20, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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.
September 13, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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.
August 30, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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.
August 16, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

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
August 9, 1999C. Eugene Steuerle
Individual Taxes: Research report

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
August 9, 1999Steven M. Rosenthal
Federal Budget and Economy: Research report

"Logical Limits" of Tax Bill Arguments

Senior Fellow Eugene Steuerle examines the merits of a tax cut, and finds: Tax cuts are a valid means of achieving smaller government, but they only work if expenditures somehow follow a similar path, especially in the long-term. By the same token, not all tax cuts are bad nor are all spending
August 2, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

Tax Simplification Through Process Reform

Senior Fellow Eugene Steuerle argues that the a simpler tax code wont be developed until someone in the Executive Branch or in Congress is given greater responsibility for reporting on the consequences of our tax laws. The way to change the current situation would be to assign fiduciary-like
July 19, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

Candidates for Tax Simplification Reform

Senior Fellow Eugene Steuerle expresses confidence that a tax simplification package is likely in the near future. He offers his ideas for what should be included in such a bill.
July 12, 1999C. Eugene Steuerle
Federal Budget and Economy: Research report

The Budget at Midyear: Some Preliminary Impressions

Senior Fellow Eugene Steuerle offers an explanation of the changes between the administrations budget offered in January and its mid-session changes offered at the end of June.
July 6, 1999C. Eugene Steuerle
Campaigns, Proposals, and Reforms: Research report

A Bipartisan Simplification Package?

Senior Fellow expresses optimism for and highlights efforts to advance bipartisan tax simplification legislation.
June 28, 1999C. Eugene Steuerle
Business Taxes: Research report

Foundation Giving: Will it Follow the Bubble Economy?

Senior Fellow Eugene Steuerle discusses his concern with foundation payout rates. He finds that the current formula for payouts--and the way it is applied by foundations--faces a new danger not entirely unrelated to the old one. That is, in following a stock market cycle, giving can easily run
June 21, 1999C. Eugene Steuerle
Individual Taxes: Research report

The Administration's USA Account Proposal (Part 3 of 3)

Part Three: Why It Won't Work as Crafted
Senior Fellow Eugene Steuerle argues that the fatal flaw in the administration's strategy behind its private pension proposal is that it is not integrated either with social security reform or with further reform of the private pension system. Accordingly, if adopted as proposed, USA accounts would
June 7, 1999C. Eugene Steuerle

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