Business taxes and the electoral cycle

Business Cycle Features In The Iranian Economy

Business Taxes and International Competitiveness

Around the world, policymakers are obsessed with the competitiveness of their domestic companies and domestically based multinational corporations (MNCs). Such concerns frequently influence policy, especially tax policy. In this paper, I develop a theory of how taxes affect the international competitiveness of businesses. I then use that theory to evaluate basic tax policy decisions, such as th...

Emissions Targets and the Real Business Cycle: Intensity Targets versus Caps or Taxes

For reducing greenhouse gas emissions, intensity targets are attracting interest as a flexible mechanism that would better allow for economic growth than emissions caps. For the same expected emissions, however, the economic responses to unexpected productivity shocks differ. Using a real business cycle model, we find that a cap dampens the effects of productivity shocks in the economy. An emis...

Local Business Taxes _Bird_.PDF

Cynics have sometimes said that economists cannot agree about anything. An important issue on which many economists do agree, however, is that, although it is obviously convenient to collect many taxes through businesses, there is little justification for taxing business as such. In the end, all taxes impact on people in economic terms. There is little to gain and potentially much to lose by co...

Owner-Level Taxes and Business Activity

In some classes of models, taxes at the owner level are “neutral” and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between taxes and business activity – particularly entrepreneurship. Dividend taxes on owners of large firms ...