Corporate tax rates among industrialized nations have been declining steadily since the mid 1980s. Theories of globalization, capital mobility and tax competition have been proposed to explain these changes. Less attention has been paid to the changes in corporate tax receipts during this period...

he U.S. income tax system, which collected $1.5 trillion in receipts in fiscal year 2007, has, as its principal base, wage income plus the income from capital. To understand how the tax code affects the macro economy, one must understand how taxing wages affects work and how taxing capital...

A number of recent proposals have called for broadening the individual income tax base while lowering statutory income tax rates. Such proposals would eliminate or curtail various preferential income tax provisions and use some or all of the resulting revenue to lower statutory tax rates. In...

Brill, Satel, and Viard examine proposals to extend federal and state tobacco taxes to e-cigarettes. They conclude that e-cigarettes should not be subjected to tobacco taxes at this time, because the current medical evidence does not point to any significant adverse health effects