SECTIONALISM A HINDRANCE TO TAX REFORM IN VIRGINIA

Tax Reform to Foster Innovation in Brazil

Tobacco Tax Policy in West Virginia

We consider the likely revenue effect of an increase in the cigarette excise tax rate in West Virginia. We begin with a consideration of the existing literature on how US state cigarette excise tax policy affects cigarette consumption and cross-border cigarette shopping. Second, we examine 80 cigarette excise tax increases that have occurred in the US since 2000. There we find a wide range of r...

Property tax reform in India

The property tax is an important local revenue source in many countries, but it is often underused as a source for financing local expenditures. In India, many local governments have initiated administrative and valuation reforms to increase the yield from property taxes. In this paper, we examine the fiscal and distributional implication of the ongoing and potential assessment reforms in two I...

Tax Reform and Poverty

The tax system has a pervasive impact on poverty, both directly through its role in the distribution of society’s resources and indirectly through its effects on the incentives for economic decisions like working and saving. The two most important facets of the tax system for low-income families are payroll taxes and the Earned Income Tax Credit (EITC), the former of which levies a tax on earne...

Evaluating International Tax Reform

This paper introduces “capital ownership neutrality” (CON) and “national ownership neutrality” (NON) as benchmarks for evaluating the desirability of international tax reforms, and applies them to analyze recent U.S. tax reform proposals. Tax systems satisfy CON if they do not distort the ownership of capital assets, which promotes global efficiency whenever the productivity of an investment di...