Reforming Tax Expenditures – Challenges and Barriers in the United States
14 April, 2021 20.00 CET, 14.00 EDT | Online
Fiscal,
Panel | Tags:
Tax Expenditures,
Tax Reform
The panel addressed the main challenges and barriers holding back reform of the tax expenditure system in the US including:
The politics of tax expenditures
“Negative” and “positive” tax expenditures
Collecting racial, ethnic, and gender information
Improving transparency in public finance management.
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Assessing Pension-Related Tax Expenditures in South Africa
Agustin Redonda and
Christopher Axelson | 6 April 2021
Fiscal,
Working Papers | Tags:
Inequality,
Pensions,
Tax Expenditures
In 2016, the South African government introduced a comprehensive reform to simplify
and harmonize the pension system in order to incentivize pension savings and increase the fairness
of the retirement system. Using administrative tax micro-data, we assess the impact of the 2016
reform and find that it triggered
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“If Something Cannot Go on Forever, It Will Stop“
William White | 1 April 2021
Fiscal,
Monetary,
Policy Briefs | Tags:
Covid-19,
Debt,
Democracy,
Environment,
Financial Stability,
Health Systems,
Inequality,
International Cooperation,
Resilience
“If something cannot go on forever, it will stop.” This famous observation was made by Herb Stein, Senior Fellow at the American Enterprise Institute. It became famous largely because it was just that, obvious. Yet, what is no less obvious is that public policy is
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Disparate Racial Impact: Tax Expenditure Reform Needed
Tom Neubig | 23 March 2021
Fiscal,
Policy Briefs | Tags:
Income Inequality,
Tax Expenditures
This policy brief discusses the issues of potential disparate racial impacts of U.S. tax laws regarding government subsidy and incentive programs run through the tax system: tax expenditures. It analyzes the available data, provides normative insights, and describes eight steps to address disparate racial impacts
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Why Governments Continue to Offer Inefficient Investment Incentives? The Role of Bureaucratic Design
Alexander Slaski and
Sarah Bauerle Danzman | 19 March 2021
Fiscal,
Blog | Tags:
Investment,
Tax Incentives
Governments worldwide use a myriad of tax incentives to promote investment and yet, there is little evidence that these incentives actually work as intended. Moreover, although the striking lack of transparency makes it hard (if not impossible) to accurately estimate their fiscal cost, the available
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