Making Tax Sense - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Making Tax Sense write by M. Kevin McGee. This book was released on 2019-03-15. Making Tax Sense available in PDF, EPUB and Kindle. Our tax system is a mess. And the reason for that mess is, our tax system is incoherent. A well-designed tax system is like a good jigsaw puzzle: all the pieces fit together snugly, so when the whole thing is fully assembled, it forms a coherent picture. But our current tax system is disjointed, with parts that don't logically fit together. That results in inconsistencies, complexity, loopholes, and distorted incentives. We need a tax system that make sense. As this book shows however, making a traditional income tax coherent is an impossible goal. But coherence is achievable if we adjust our target, and complete the switch to a consumed-income tax -- a system that taxes all income, not when it is earned, but when that income is consumed. The move towards a consumed-income tax was begun decades ago, when we first adopted IRAs and other tax-deferred savings accounts. We just needed to complete the evolution. The book explores a variety of tax issues -- among them savings, small businesses, owner-occupied houses, and corporations -- and develops seven groups of recommended changes. These changes would result in a tax system that would be pro-growth, by eliminating the existing disincentives to saving and investment. But the tax system would also remain progressive, with the wealthy taxed as much as and perhaps even more than currently. That combination could make the recommended changes attractive to members of both parties, and might bring to a close the political seesaw in tax policy that we've experienced over that last several decades.
Cracking the Code
Cracking the Code - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Cracking the Code write by Andrew Lyon. This book was released on 2010-12-01. Cracking the Code available in PDF, EPUB and Kindle. The corporate alternative minimum tax (AMT) was hailed in the Tax Reform Act of 1986 as instrumental to ensuring that tax loopholes would not permit corporations to avoid paying their fair share of tax liability. In 1995, less than ten years later, repeal of the AMT was pledged as part of the Republican Party's "Contract with America" and passed by the House of Representatives. Opponents of the AMT object that it penalizes new investment by firms and prevents the use of legitimate deductions. Its defenders tout the ability of the AMT to address public perceptions of unfairness in the tax system. At first glance, the debate over the AMT seems to be another example of the classic struggle between equity and efficiency. But, as this book reveals, there are serious flaws in the arguments used on both sides of this issue. As a result, the AMT may fail to achieve any notable equity objectives and may miss the opportunity to make significant improvements in the efficiency with which the nation's scarce capital is employed. Whether or not reforms of the AMT are ultimately enacted, the debate over the AMT raises fundamental questions of tax policy that will persist: Who benefits from tax subsidies? How much should the tax code be used to direct resources in the economy? If corporate taxes are ultimately borne by individuals, how do corporate tax provisions affect fairness? Andrew Lyon opens these topics up to a wide audience, presenting new data on the impact of the AMT, and offering suggestions for future policy reform. He argues that the legislative desire to respond to an apparent inequity should be channeled into considering whether there are efficiency reasons for reducing the tax advantages observed. The best solutions to these considerations, he contends, are not found in a minimum tax.
The Psychology of Money and Public Finance
The Psychology of Money and Public Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Psychology of Money and Public Finance write by G. Schmölders. This book was released on 2006-09-05. The Psychology of Money and Public Finance available in PDF, EPUB and Kindle. This book features the main papers of Günter Schmölders (1903-1991), a pioneer in economic psychology, for the first time in English. Schmölders' research on 'fiscal psychology' is of particular and lasting interest, impacting greatly on continental economics.
Government and Innovation
Government and Innovation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Government and Innovation write by United States. Congress. House. Committee on Science and Technology. Subcommittee on Science, Research, and Technology. This book was released on 1979. Government and Innovation available in PDF, EPUB and Kindle.
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024) write by Khaled Elbagory. This book was released on 2024. Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024) available in PDF, EPUB and Kindle.
