A numerical simulation of the macroeconomic effects of the House Republican Tax Reform plan, using the Diamond-Zodrow model, suggests that its net macroeconomic effects would be positive.
The authors analyze how the AKP and other Islamist parties in Turkey have fared in municipal governance and whether municipalities governed by Islamist mayors promote and Islamic political identity.
In March 2013, Houston was awarded one of five inaugural Mayor’s Challenge Prizes from Bloomberg Philanthropies for its innovative proposal “One Bin for All.” A $1 million prize was given to Houston to be used to implement a workable process utilizing cutting-edge technology to separate trash from recyclables, allowing residents to discard all materials — including kitchen garbage and other organics — in one bin and accomplish all separation and processing at a mechanical biological treatment with advanced resource recovery facility. Under the proposed One Bin plan, the city has set an initial goal of diverting 55 percent of municipal waste away from landfills, eventually increasing that to 75 percent. If Houston can succeed in pulling off this project, it will set a new standard in waste disposal that will revolutionize the industry for years to come.
This paper examines the effects of a U.S. Supreme Court ruling that a one-time retroactive British “Windfall Tax” levied on 32 public utilities that were privatized between 1984 and 1996 was eligible for the US foreign tax credit (FTC). The decision could have far-reaching implications for the creditability of taxes that are not ordinarily thought to be income taxes, including various cash-flow business taxes that are key elements of several proposals recommending replacement of the income tax with a consumption-based tax.
Charles E. McLure, Jr., Jack Mintz, George R. ZodrowAugust 20, 2014
There is a curious imbalance in energy markets in the Persian Gulf region: Five of the six Gulf monarchies exhibit shortages in domestic supply of natural gas. Meanwhile, Qatar holds the world's third-largest conventional reserves and is the world's No. 2 gas exporter. Why is Qatar, given its enormous resources and relatively small domestic needs, unwilling to supply gas sufficient to meet its neighbors' demand?
The positive effects of a corporate income tax reform in the United States might well be enhanced by a simultaneous move to a territorial system coupled with anti-base erosion provisions designed to limit revenue losses; however, the effects of implementing territoriality are tenuous and seem likely to be small in the aggregate. Published by the American Action Forum.
