Slide Presentation: Reconsidering and Improving Existing Tax Subsidies for Housing

2013 ◽  
Author(s):  
Dennis J. Ventry
Keyword(s):  
Slide Presentation ◽  
Tax Subsidies

Implicit Taxes Amid Race to the Bottom in a Global Tax Game

2020 ◽  
Vol 27 (2) ◽  
pp. 42
Author(s):  
Igor Semenenko ◽  
Junwook Yoo ◽  
Parporn Akathaporn
Keyword(s):  
Capital Mobility ◽  
Tax Rates ◽  
Corporate Tax ◽  
Firm Level ◽  
Race To The Bottom ◽  
Tax Subsidy ◽  
Tax Subsidies ◽  
Level Data ◽  
Tax Returns ◽  
Tax Hypothesis

Growing tax competition among national governments in the presence of capital mobility distorts equilibrium in the international corporate tax market. This paper is related to the literature that examines impact of international tax policies on corporate accounting statements. Employing international firm-level data, this study revisits the race-to-the-bottom hypothesis and documents that tax exemptions lowering effective tax rates relative to statutory rates increase pre-tax returns. This finding directly contradicts the implicit tax hypothesis documented by Wilkie (1992), who provided empirical evidence on inverse relationship between pre-tax return and tax subsidy. We also find evidences that relative importance of permanent versus timing component depends on the geography and that decline in corporate tax rates reduces impact of tax subsidies on profitability. Our findings suggest that tax subsidies play a different role than in 1968-1985, which was examined by Wilkie (1992). These results are consistent with the race-to-the-bottom hypothesis and income shifting explanation

Beyond Cost: Examining Tax Subsidies to the Energy Industry

2014 ◽  
Author(s):  
Tracey M. Roberts
Keyword(s):  
Energy Industry ◽  
Tax Subsidies

Tax Subsidies for Retirement Provision: Taking a Broader View

2014 ◽  
Author(s):  
Sylvester J. Schieber
Keyword(s):  
Tax Subsidies

scholarly journals Active vs. Passive Decisions and Crowd-Out in Retirement Savings Accounts: Evidence from Denmark *

2014 ◽  
Vol 129 (3) ◽  
pp. 1141-1219 ◽  
Author(s):  
Raj Chetty ◽  
John N. Friedman ◽  
Søren Leth-Petersen ◽  
Torben Heien Nielsen ◽  
Tore Olsen
Keyword(s):  
Government Expenditure ◽  
Wealth Accumulation ◽  
Retirement Savings ◽  
Total Saving ◽  
Savings Accounts ◽  
Retirement Accounts ◽  
Tax Subsidies ◽  
Crowd Out ◽  
Savings Rates

Abstract Using 41 million observations on savings for the population of Denmark, we show that the effects of retirement savings policies on wealth accumulation depend on whether they change savings rates by active or passive choice. Subsidies for retirement accounts, which rely on individuals to take an action to raise savings, primarily induce individuals to shift assets from taxable accounts to retirement accounts. We estimate that each $1 of government expenditure on subsidies increases total saving by only 1 cent. In contrast, policies that raise retirement contributions if individuals take no action—such as automatic employer contributions to retirement accounts—increase wealth accumulation substantially. We estimate that approximately 15% of individuals are “active savers” who respond to tax subsidies primarily by shifting assets across accounts; 85% of individuals are “passive savers” who are unresponsive to subsidies but are instead heavily influenced by automatic contributions made on their behalf. Active savers tend to be wealthier and more financially sophisticated. We conclude that automatic contributions are more effective at increasing savings rates than subsidies for three reasons: (i) subsidies induce relatively few individuals to respond, (ii) they generate substantial crowd-out conditional on response, and (iii) they do not increase the savings of passive individuals, who are least prepared for retirement.

scholarly journals Does giving to charity lead to better health? Evidence from tax subsidies for charitable giving

2014 ◽  
Vol 45 ◽  
pp. 71-83 ◽  
Author(s):  
Barış K. Yörük
Keyword(s):  
Charitable Giving ◽  
Tax Subsidies

scholarly journals Become Captain of Your Financial Ship, Unit 4: Stay the Course

EDIS ◽  
2007 ◽  
Vol 2007 (2) ◽  
Author(s):  
Josephine Turner
Keyword(s):  
Consumer Protection ◽  
Financial Management ◽  
Slide Presentation

FCS7224, a 34-page curriculum by Josephine Turner, is Unit 4 in a series on personal financial management. It includes a slide presentation and information on consumer protection and regulations, such as those relating to credit identify theft and protection against consumer fraud, as well as information on garage sales, store sales, and warranties. Published by the UF Department of Family, Youth and Community Sciences, January 2007. Ask IFAS: Become Captain of Your Financial Ship curriculum (ufl.edu)

MIOSW; Make Your Music Program Visible with an Audio-Slide Presentation

1977 ◽  
Vol 63 (5) ◽  
pp. 68-68
Author(s):  
Earl W. Bohm
Keyword(s):  
Slide Presentation ◽  
Music Program
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