scholarly journals On the Political Economy of State Corporate Tax Reforms in the U.S.

2019 ◽  
Vol 11 (3) ◽  
pp. 25
Author(s):  
Eliakim Kakpo
Keyword(s):  
Political Economy ◽  
Political Ideology ◽  
The Political ◽  
Tax Rates ◽  
Corporate Tax ◽  
Tax Reforms ◽  
Economic Cycles ◽  
State Tax ◽  
Economic Developments ◽  
Tax Changes

This paper discusses the political economy of U.S. state corporate tax reforms. Using a unique dataset of state effective corporate tax rates over the period 1969-2015, I observe that business tax changes are associated with tax competition, swings in economic cycles, and left-right political ideology. In contrast, long-term debt and budgetary pressures do not correlate with state corporate tax policies. Moreover, I document a regional heterogeneity and notice a slowdown in state tax changes after the Federal Reform Act of 1986. These findings matter for the empirics of corporate tax incidence, which is increasingly concerned with the endogeneity between tax reforms and other economic developments.

scholarly journals The Political Economy of European Wine Regulations

2013 ◽  
Vol 8 (3) ◽  
pp. 244-284 ◽  
Author(s):  
Giulia Meloni ◽  
Johan Swinnen
Keyword(s):  
European Union ◽  
Political Economy ◽  
The Political ◽  
Technological Innovations ◽  
The European Union ◽  
Wine Market ◽  
Economic Developments ◽  
The Many ◽  
Historical Origins ◽  
Jel Classifications

AbstractThe wine market in the European Union is heavily regulated. Despite the many distortions in the wine market as a consequence, reforming the regulations has proven difficult. This paper analyzes the political economy mechanism that created existing wine regulations. We document the historical origins of the regulations and relate these to political pressures that resulted from international integration, technological innovations, and economic developments. (JEL Classifications: K23, L51, N44, N54, Q13)

scholarly journals Faktor Penentu Tarif Pajak Efektif Pada Perusahaan Kesehatan: Sebelum dan Saat Covid-19

2021 ◽  
Vol 26 (3) ◽  
pp. 412
Author(s):  
Anindita D. Pinastika, Ferry Irawan
Keyword(s):  
Ownership Structure ◽  
Health Sector ◽  
Tax Rates ◽  
Corporate Tax ◽  
Effective Tax Rate ◽  
Tax Rate ◽  
Tax Management ◽  
State Tax ◽  
Corporate Tax Rates ◽  
The Government

The pandemic of Covid-19 had attacked and contribute to the Indonesia’ economics negatively. State tax revenues could not be achieved given the restrictions on activities that were intensified to prevent the spread of virus. Incentives issued by the government are one of the factors causing the decline in state revenues, one of which is in the form of lowering corporate tax rates. The effective tax rate used in measuring corporate tax management is tested with related-parties transaction, profitability, leverage, and ownership structure variables. The effect of this variable is then compared in 2019 and 2020 to observe whether there is a difference before and during the pandemic. The research was conducted on health sector companiesas a sector that was positively affected by the pandemic. The results of the study show that leverage has an effect on the effective tax rate (ETR) in 2020 while ownership structure has an effect on the ETR in 2019. The effective tax rate of health sector companies, which allegedly decreased due to incentives from the government, has actually increased during the pandemic.

The Populist Roots of Mass Production

2020 ◽  
pp. 19-50
Author(s):  
Stefan J. Link
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Political Economy ◽  
Mass Production ◽  
Political Ideology ◽  
The United States ◽  
The Political ◽  
Two Factors ◽  
Henry Ford ◽  
Technological Developments

This chapter traces mass production to its beginnings in the United States, where it emerged from the distinctive ideology of Midwestern populism. Why did Detroit, of all places, pioneer the industry that would shape the twentieth century like no other? Was Detroit simply lucky, as it were, to count a Henry Ford and a Ransom Olds among its citizens — incarnations of the American genius for innovation and entrepreneurship? Figures like Ford and Olds acted within the political economy of the Midwest and shared the characteristic populist commitments that suffused the region. These two factors — political economy and political ideology — go a long way toward explaining why, at the turn of the twentieth century, southeastern Michigan was in an auspicious position to get ahead of rapid technological developments and to spread its fruits widely. Experts with machines and metal, Midwestern mechanics gave their producerism a characteristic technological spin. This kind of producer populism permeated Detroit politics. The chapter then looks at a series of very different conflicts which honed Henry Ford's conviction that automotive mass production should reflect a producer-populist orientation.

scholarly journals Who Benefits from State Corporate Tax Cuts? A Local Labor Markets Approach with Heterogeneous Firms

2016 ◽  
Vol 106 (9) ◽  
pp. 2582-2624 ◽  
Author(s):  
Juan Carlos Suárez Serrato ◽  
Owen Zidar
Keyword(s):  
Open Economy ◽  
Structural Parameters ◽  
Heterogeneous Firms ◽  
Reduced Form ◽  
Tax Rates ◽  
Spatial Equilibrium ◽  
Corporate Tax ◽  
Spatial Equilibrium Model ◽  
Tax Changes ◽  
Firm Owners

This paper estimates the incidence of state corporate taxes on the welfare of workers, landowners, and firm owners using variation in state corporate tax rates and apportionment rules. We develop a spatial equilibrium model with imperfectly mobile firms and workers. Firm owners may earn profits and be inframarginal in their location choices due to differences in location-specific productivities. We use the reduced-form effects of tax changes to identify and estimate incidence as well as the structural parameters governing these impacts. In contrast to standard open economy models, firm owners bear roughly 40 percent of the incidence, while workers and landowners bear 30–35 percent and 25–30 percent, respectively. (JEL H22, H25, H32, H71, R23, R51)

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