Tax Pyramiding: The Economic Consequences of Gross Receipts Taxes

Alternative State Business Tax Systems: a Comparison of State Income and Gross Receipts Taxes

Nationally, there has been increased attention at the state level in a gross receipts tax as a replacement for the standard state corporate income tax. Washington State has imposed a gross receipts tax since 1935. In 2005, this tax structure was also adopted in Ohio. And in May 2006, Texas lawmakers voted to replace their franchise tax with a gross receipts tax. The reasons given for such a mov...

The Size Distribution of Firms , Cournot and Optimal Taxation

Tax laws and administrations often treat different sized firms differently. There is, however, little research on the consequences. As modeled here, oligopolists with different efficiencies determine the size distribution of firms. A government that maximizes a weighted sum of consumer surplus, profits and tax receipts can tax firms with different efficiencies differently and provides a referen...

Alternative State Business Tax Systems: A Comparison of State Income and Gross Receipts Taxes

The Politics of Consumption Taxes: Globalization and the Median Voter

The regressive nature of consumption taxes poses a challenge to partisan theory. Using data for up to 20 OECD countries in the period 1970-2003 this article aims to explore the question of whether the idea that social democratic governments typically have to compromise on policy goals and core constituency interests to make themselves more appealing to the median voter necessitates the use of r...

Increasing the federal excise tax on cigarettes.

In fiscal year 1970, U.S. federal cigarette tax revenues accounted for 13 percent of all federal excise tax collections and 1 percent of total federal budget receipts. By fiscal year 1980, federal cigarette tax revenues accounted for only 10 percent of all federal excise tax collections and only 0.5 percent of total federal budget receipts.’ In fiscal year 1970, U.S. state and local cigarette t...