To encourage home ownership, the United States tax code treats the financing and sale of housing differently from most other goods. For example, the interest payments on your home mortgage and your property taxes are deduct-ible from your federal income taxes while the interest on your credit card bill for your vacation to Paris is not. Furthermore, the profit you make on the sale of your house...

Mod 24_1. This next question is about the percent of people’s income that they should pay in taxes to the federal government. Which one of the following opinions best agrees with your view? You can just tell me the number of the opinion you choose. One: People who make more money should pay a larger percent of their income in taxes to the government than people who make less money. Two: people ...

The traditional theory of fiscal federalism prescribes a very limited tax base for subnational governments. The only good local taxes are said to be those that are easy to administer locally, are imposed solely (or mainly) on local residents, and do not raise problems of harmonization or competition between subnational – local or regional governments or between subnational and national governme...

Multiple studies claim that public place smoking bans are associated with reductions in smoking-related hospitalization rates. No national study using complete hospitalization counts by area that accounts for contemporaneous controls including state cigarette taxes has been conducted. We examine the association between county-level smoking-related hospitalization rates and comprehensive smoking...

This paper discusses the impacts of resource tax reform on the optimal resources extraction in China when the time of resource tax reform and the ways of taxes levy are uncertain. Based on the assumption that the process for accepting resource tax reform follows Poisson process, we first divide resource extraction into two processes by using the idea of dynamic planning. We then apply the optim...

The present article generalyses economic litterature on consumption tax incidence to general forms of consumption taxes. Previous studies were limited to the cases of per unit and ad valorem taxes. Three main contributions are provided. From a methodological point of view, the elasticity of the tax function is introduced as a new parameter to take the shape of general consumption tax schedules ...

OBJECTIVES This study sought to estimate how changes in state cigarette excise taxes affect the smoking behavior of pregnant women. METHODS Detailed information about mothers and their pregnancy was used to examine the impact of taxes on the propensity of pregnant women to smoke. The 1989 to 1995 Natality Detail Files were used in conducting analyses to assess the impact of taxes on smoking a...

 Over-consumption of foods and beverages high in fat, sugar and salt content, associated with heightened risk for obesity and diet-related non-communicable diseases (NCDs), is one of the biggest public health problems facing the UK.  It is not only a worry for people who suffer from limiting conditions such as diabetes, types of cancers, cardiovascular and coronary heart disease, but it is al...

This paper analyzes the impact of carbon taxes on the Japanese economy using an applied/computable general equilibrium model. This analysis sheds light on both the efficiency and the equity issues of these policies. The study shows that some alleviation measures, e.g. tax differentiation, might be required to ease the damages caused to energy intensive industries. Moreover, considering the regr...

We analytically and quantitatively examine a prominent justi…cation for capital income taxation: goods preferred by those with high ability ought to be taxed. We study an environment where commodity taxes are allowed to be nonlinear functions of income and consumption and …nd that, when ability is positively related to a preference for a good, optimal marginal commodity taxes on this good may b...