Federal Tax Policy (Studies of Government Finance) - Softcover

Pechman, Joseph A.

Softcover

ISBN 10: 081576961X ISBN 13: 9780815769613

Publisher: Brookings Institution Press, 1987

Synopsis

One of the major architects of comprehensive tax reform has revised his widely acclaimed book on tax policy to reflect the changes brought about by the Tax Reform Act of 1986 and all other major changes in tax laws since 1983. Joseph A. Pechman's Federal Tax Policy is a nontechnical book for general readers and students interested in taxation as an instrument of public policy. It emphasizes such current issues as a comprehensive income taxation, inflation adjustments in income taxation, graduated income taxes versus expenditure taxes, the effects of taxation on economic incentives, and fiscal relations between the federal and state and local governments. Pechman presents and evaluates contrasting views on most forms of taxation—personal and corporate income, general and selective consumption, payroll, estate and gift, property, and state and local--and offers a perceptive analysis of the process of tax legislation and the role of taxation in the fiscal policy. He also provides a valuable series of statistical table on tax developments and an extensive bibliography on tax theory and practice.

About this title

From the Back Cover:

This fifth edition of Federal Tax Policy, like its predecessors, is intended to explain such issues so that the interested citizen may better understand and contribute to public discussion of tax policy. This edition reflects tax developments between 1983 and 1987 and emphasizes the newer issues: comprehensive income taxation, the effects of taxation on economic incentives, inflation adjustments for income tax purposes, the relative merits of graduated income taxes and expenditure taxes, and changes in the fiscal relations between the federal and the state and local governments.

About the Author:

Joseph A. Pechman is a former director of Economic Studies and senior fellow at the Brookings Institution.

About this edition

• Publisher: Brookings Institution Press
• Publication date: 1987
• ISBN 10: 081576961X
• ISBN 13: 9780815769613
• Binding: Paperback
• Edition number: 5
• Number of pages: 451