Tax Turmoil

Tax Turmoil PDF Author: Michael L Walden M.E.
Publisher: iUniverse
ISBN: 1663260923
Category : Fiction
Languages : en
Pages : 140

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Book Description
Economist Dia Fenner has settled down in Raleigh, North Carolina with her husband Ethan and infant daughter Ava. She is now the fiscal adviser to the new Libertarian Governor of North Carolina. When the Governor proposes an ambitious plan to simplify taxes, lower rates, and eliminate tax perks to certain groups, she puts Dia in charge of selling the plan to the public and pushing it through the General Assembly. Yet immediately there is strong pushback from those who will lose their tax favors. At the same time that Dia is fighting the Governor’s opponents, she has to deal with an ex-boyfriend who has arrived to win her back. How far will opponents go to stop the Governor’s plan? Could they go as far as murder? Are Dia and even her family at risk? And, will Dia have to fight her own feelings to save her marriage? Are all these challenges too much, even for the resourceful Dia Fenner?

Tax Turmoil

Tax Turmoil PDF Author: Michael L Walden M.E.
Publisher: iUniverse
ISBN: 1663260923
Category : Fiction
Languages : en
Pages : 140

Get Book Here

Book Description
Economist Dia Fenner has settled down in Raleigh, North Carolina with her husband Ethan and infant daughter Ava. She is now the fiscal adviser to the new Libertarian Governor of North Carolina. When the Governor proposes an ambitious plan to simplify taxes, lower rates, and eliminate tax perks to certain groups, she puts Dia in charge of selling the plan to the public and pushing it through the General Assembly. Yet immediately there is strong pushback from those who will lose their tax favors. At the same time that Dia is fighting the Governor’s opponents, she has to deal with an ex-boyfriend who has arrived to win her back. How far will opponents go to stop the Governor’s plan? Could they go as far as murder? Are Dia and even her family at risk? And, will Dia have to fight her own feelings to save her marriage? Are all these challenges too much, even for the resourceful Dia Fenner?

The Tax Turmoil

The Tax Turmoil PDF Author: Allan Douglas Lawton
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 28

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Book Description


The Crisis in Tax Administration

The Crisis in Tax Administration PDF Author: Henry J. Aaron
Publisher: Brookings Inst Press
ISBN: 9780815701231
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
People pay taxes for two reasons. On the positive side, most people recognize, even if grudgingly, that payment of tax is a duty of citizenship. On the negative side, they know that the law requires payment, that evasion is a crime, and that willful failure to pay taxes is punishable by fines or imprisonment. The practical questions for tax administration are how to strengthen each of these motives to comply with the law. How much should be spent on enforcement and how should enforcement be organized to promote these objectives and achieve the best results per dollar spent?Over the last few years, the U.S. Congress has restricted spending on tax administration, forcing the Internal Revenue Service to curtail enforcement activities, at the same time, that the number of individual filers has increased, tax rules have become more complex, and more business have become multinational operations. But if too many cases of tax evasion go undetected and unpunished, those who may have grudgingly paid their taxes may soon find it easier to join the scofflaws. These events in combination have created a genuine crisis in tax administration.The chapters in this volume evaluate the capacity of authorities to enforce the tax laws in a modern, global economy and examine the implications of failing to do so. Specific aspects of tax law, including tax shelters, issues relating to small businesses, tax software, role of tax preparers, and the objectives of tax simplification are examined in detail.The volume also builds a conceptual basis for future scholarship, with regard not only to tax administration, but also to such fundamental questions as whether taxpayers respond mostly to economic incentives or are influenced by their experiences with the filing process and what is the proper framework for evaluating the allocation of resources within the IRS.

Taxation in Crisis

Taxation in Crisis PDF Author: Dimitrios D. Thomakos
Publisher: Springer
ISBN: 3319653105
Category : Business & Economics
Languages : en
Pages : 471

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Book Description
This book offers a comprehensive guide to modern day taxation issues. It presents a thorough overview of many of the crucial aspects of applied taxation and current tax systems, and presents evidence that supports taxation as an important policy issue requiring immediate address globally. Contributions seek to address the core question of how to design a tax policy mix that can serve primarily efficiency, growth and possibly equity goals at a time where fiscal spending, for many economies, is not a viable option. Chapters provide a historical perspective on taxation, then go on to cover aspects of the modern theory of optimal taxation and tax design and provide valuable international perspectives on current tax practices and much required tax reforms. Empirical analysis on taxation and related economic data help the readers to understand how data-based observations and results are linked to the theory of taxation, and more importantly economic growth, before offering appropriate policy prescriptions. This book will be of interest to scholars and practitioners interested in learning more about taxation and why it matters today in the global economy.

Tax Law in Times of Crisis and Recovery

Tax Law in Times of Crisis and Recovery PDF Author: Alexis Brassey
Publisher:
ISBN: 9781509958061
Category : Taxation
Languages : en
Pages : 0

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Book Description
This book examines the relationship between tax law and crisis. In times of environmental, financial, and public health breakdown, policymakers look to tax for solutions. Yet these crises also constrain the ways in which tax liabilities can be imposed and administered, and limit the revenues that can be collected. What should governments do in these circumstances and what are the wider consequences for states, societies, and institutions such as the EU? The book shows how crises place strain on the basic functions of tax, including revenue-raising, institution-building, regulation, redistribution, and the structuring of society. These strains bear more heavily on some sections of business and society than others. This makes the tax consequences of crisis unpredictable. It also means that the best choice of legal response is not merely a technical matter. Instead, it engages deeper attitudes towards crisis relief, change, social values, and democratic control. These issues are highlighted by COVID-19 but are of utmost lasting importance. The book takes a comprehensive approach and looks in more depth at the systemic roles that crises play in contemporary tax systems. It features an impressive cast of leading researchers across multiple jurisdictions and is essential for policymakers and scholars alike.

The Benefit and The Burden

The Benefit and The Burden PDF Author: Bruce Bartlett
Publisher: Simon and Schuster
ISBN: 1451646194
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
A spirited and insightful examination of the need for American tax reform—arguably the most overdue political debate facing the nation—from one of the most legendary political thinkers, advisers, and writers of our time. A thoughtful and surprising argument for American tax reform, arguably the most overdue political debate facing the nation, from one of the most respected political and economic thinkers, advisers, and writers of our time. The United States Tax Code has undergone no serious reform since 1986. Since then, loopholes, exemptions, credits, and deductions have distorted its clarity, increased its inequity, and frustrated our ability to govern ourselves. At its core, any tax system is in place to raise the revenue needed to pay the government’s bills. But where that revenue should come from raises crucial questions: Should our tax code be progressive, with the wealthier paying more than the poor, and if so, to what extent? Should we tax income or consumption or both? Of the various ideas proposed by economists and politicians—from tax increases to tax cuts, from a VAT to a Fair Tax—what will work and won’t? By tracing the history of our own tax system and by assessing the way other countries have solved similar problems, Bartlett explores the surprising answers to all of these questions, giving a sense of the tax code’s many benefits—and its inevitable burdens. Tax reform will be a major issue debated in the years ahead. Growing budget deficits and the expiration of various tax cuts loom. Reform, once a philosophical dilemma, is turning into a practical crisis. By framing the various tax philosophies that dominate the debate, Bartlett explores the distributional, technical, and political advantages and costs of the various proposals and ideas that will come to dominate America’s political conversation in the years to come.

Slaying Leviathan

Slaying Leviathan PDF Author: Leslie Carbone
Publisher: Potomac Books, Inc.
ISBN: 159797627X
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
Explores the moral dimension of tax policy and calls for a fundamental tax reform

Tax the Rich!

Tax the Rich! PDF Author: Morris Pearl
Publisher: The New Press
ISBN: 1620976641
Category : Political Science
Languages : en
Pages : 273

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Book Description
A powerfully persuasive and thoroughly entertaining guide to the most effective way to un-rig the economy and fix inequality, from America's wealthiest “class traitors” The vast majority of Americans—71 percent—believe the economy is rigged in favor of the rich. Guess what? They’re right. How do you rig an economy? You start with the tax code. In Tax the Rich! former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires, and Erica Payne, the organization’s founder, take readers on an engaging and enlightening insider’s tour of the nation’s tax code, explaining exactly how “the rich”—and the politicians they control—manipulate the U.S. tax code to ensure the rich get richer, and everyone else is left holding the bag. Blunt and irreverent, Tax the Rich! unapologetically dismantles the “intellectual” justifications for a tax code that virtually guarantees destabilizing levels of inequality and consequent social unrest. Infographics, charts, cartoons, and lively characters including “the Werkhardts” and “the Slumps” make a complicated subject accessible (and, yes, sometimes even funny) and illuminate the practical reforms that can put America on the road to stability and shared prosperity before it’s too late. Never have the arguments in this book been more timely—or more important.

The Failure of U.S. Tax Policy

The Failure of U.S. Tax Policy PDF Author: Sheldon David Pollack
Publisher: Penn State University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
The federal courts, the IRS, the private tax bar, and individual taxpayers all struggle just to keep up with increasingly complex tax statutes and regulations. The Failure of U.S. Tax Policy surveys federal tax policy in the post-World War II era, with special attention to the last two decades, when it gained much of its complexity. Tax attorney and business law professor Sheldon Pollack shows how the tax policy agenda has been and continues to be influenced by a wide assortment of players, from tax lawyers, the media, and private interest groups and their lobbies to presidential contenders and congressional "policy entrepreneurs", thereby shaping the development of the tax laws themselves. He proposes an alternative understanding that accounts for the long-term development of the income tax by emphasizing periods of crisis during which the most radical and important changes to the tax laws are made. By combining an empirical study of recent tax legislation with a broader theoretical perspective, this study departs from the typical approach to studying the income tax and makes a significant contribution to understanding federal tax policy, particularly timely in this election year.

America: Who Really Pays the Taxes?

America: Who Really Pays the Taxes? PDF Author: Donald L. Barlett
Publisher: Simon and Schuster
ISBN: 1439129150
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
A disturbing, eye-opening look at a tax system gone out of control. Originally designed to spread the cost of government fairly, our tax code has turned into a gold mine of loopholes and giveaways manipulated by the influential and wealthy for their own benefit. If you feel as if the tax laws are rigged against the average taxpayer, you're right: Middle-income taxpayers pick up a growing share of the nation’s tax bill, while our most profitable corporations pay little or nothing. Your tax status is affected more by how many lawyers and lobbyists you can afford than by your resources or needs. Our best-known and most successful companies pay more taxes to foreign governments than to our own. Cities and states start bidding wars to attract business through tax breaks—taxes made up for by the American taxpayer. Who really pays the taxes? Barlett and Stelle, authors of the bestselling America: What Went Wrong?, offer a graphic exposé of what’s wrong with our tax system, how it got that way, and how to fix it.