Tag Archives: Local Tax Policy

Shift in Payouts of Corporate Profits Has Major Revenue and Tax-Reform Consequences

Here is a NBER discussion of some my recent work on tax policy and the economy In 1980, about 80 percent of business income went to traditional corporations, but research presented at the NBER’s annual Tax Policy and the Economy Conference … Continue reading

Posted in Local Tax Incentives, Taxes, Uncategorized | Tagged , , , | Leave a comment

Do Local Subsidies to Attract Companies Reduce Welfare?

The lead story on the NYTimes on local subsidies for companies today takes a more skeptical stance than Enrico Moretti and Michael Greenstone in this paper: Increasingly, local governments compete by offering substantial subsidies to industrial plants to locate within … Continue reading

Posted in Uncategorized | Tagged , , , , , , | 2 Comments