Tax Policy and the Economy, Volume 34

The book presents five new studies on taxation and government spending, including the implementation of Medicare-for-All, firm-sponsored rainy day funds, taxation's impact on corporate form, the 2017 federal income tax reform, and the Affordable Care Act's impact on firms' employment threshold.

Format: Paperback / softback
Length: 256 pages
Publication date: 29 September 2020
Publisher: The University of Chicago Press

This comprehensive volume offers a wealth of insights into current topics in taxation and government spending. In their study, Mark Shepard, Katherine Baicker, and Jonathan Skinner delve into the implementation aspects of a Medicare-for-All program, which aims to provide universal health insurance benefits to all individuals. They contrast this with a program that offers a basic benefit that can be supplemented voluntarily. John Beshears, James Choi, Mark Iwry, David John, David Laibson, and Brigitte Madrian examine the design and feasibility of firm-sponsored "rainy day funds," short-term savings accounts for employees that can be utilized during temporary periods of high expenditure. Robert Barro and Brian Wheaton investigate the profound impact of taxation on the choice of corporate form, the formation and legal structure of new businesses, and, indirectly, on economic productivity. Jonathan Meer and Benjamin Priday analyze the effects of the 2017 federal income tax reform, which reduced marginal tax rates and diminished the incentive for charitable giving. Finally, Casey Mulligan conducts an insightful analysis on the impact of the Affordable Care Act on whether firms employ fewer than 50 employees, the employment threshold below which they are exempt from providing health insurance to their employees.

Weight: 266g
Dimension: 152 x 229 x 14 (mm)
ISBN-13: 9780226708119