Federal Income Tax Law

1927 ◽  
Vol 26 (2) ◽  
pp. 230
Author(s):  
George M. Morris ◽  
Roland R. Foulke
1988 ◽  
Vol 81 (3) ◽  
pp. 176-181
Author(s):  
Yves Nievergelt

The new federal income tax, signed into law on 22 October 1986, spurred extensive analysis in the daily newspapers, an analysis similar to the study of a function in a beginning mathematics course. This similarity with the familiar income tax may help students understand three aspects of the abstract concept of “function”: formulas, graphs, and ordered pairs. Defined by several formulas—not just one—the tax function also prepares beginners for such functions as the a bsolute value, which also involves both a lgebraic formulas and logical tests, a combination that poses difficulties to many students (see Johnson [1986]).


1913 ◽  
Vol 23 (1) ◽  
pp. 105
Author(s):  
Henry Crofut White

2020 ◽  
Vol 73 (4) ◽  
pp. 1219-1232
Author(s):  
Eric Toder

This paper estimates the effective tax rate on entrepreneurial income, defined as the return to an individual who starts a successful new business and then sells their interest once it becomes an established enterprise. The rate depends on both the tax imposed on the appreciation of the firm’s value during its growth phase and on the effects of the tax system on the value of equity in ongoing business enterprises. Under reasonable assumptions, this rate is lower than the rate the entrepreneur would pay on ordinary income. Preferential taxation of entrepreneurial income has consequences for both economic growth and income distribution.


1913 ◽  
Vol 19 (8) ◽  
pp. 570
Author(s):  
W. H. Osborn ◽  
W. G. McAdoo

1914 ◽  
Vol 14 (4) ◽  
pp. 365
Author(s):  
Garrard Glenn ◽  
Thomas Gold Frost ◽  
Henry Campbell Black ◽  
George F. Tucker

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