Provides an overview of the long-term care insurance market and why this market may fail and reviews the current federal role in providing health care for the elderly. Discusses possible financing of a public program, along he lines of Medicare, and the distributional consequences of alternative...

Numerous IRS/taxpayer disputes about the amortization periods for purchased intangibles have led to proposals for legislation to establish statutory amortization periods. Should Congress decide to legislate in this area, this economic analysis suggests that the simplest alternative - a single...