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The 2001 and 2003 Bush Tax Cuts and Deficit Reduction

Description: This report uses the context of the current and long-term economic environment to examine the tax cuts implemented by the George W. Bush Administration, including the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.
Date: July 18, 2012
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945

Description: This report attempts to clarify whether or not there is an association between the tax rates of the highest income taxpayers and economic growth. Data is analyzed to illustrate the association between the tax rates of the highest income taxpayers and measures of economic growth.
Date: September 14, 2012
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Economic Effects of Capital Gains Taxation

Description: One provision of the 1913 individual income tax that generated a great deal of confusion was the taxation of income from the sale of property (i.e., capital gains income). This initial confusion has led to almost 100 years of legislative debates over capital gains. Beginning in 1922 capital gains were first subject to lower tax rates than ordinary income. This preferential treatment has continued throughout most of the history of the income tax. Proposals dealing with the taxation of capital ga… more
Date: June 18, 2010
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Tax Expenditures and the Federal Budget

Description: Among the options likely to be considered to deal with the long-term fiscal problem is reform of the federal tax system. The growth of the alternative minimum tax (AMT) and the expiration of the 2001 and 2003 tax cuts in 2010 will likely force some action on tax policy. The perception that the federal tax system is too complex and unfair could lead to public support for tax reform. Past efforts to reform the federal tax system have included policies to rein in the use and expense of tax expendi… more
Date: May 26, 2010
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Bush Tax Cuts and the Economy

Description: The George W. Bush Administration enacted a series of tax cuts through the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003. This report examines these tax cuts within the context of the current and long-term economic environment.
Date: December 10, 2010
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Supplemental Appropriations: Trends and Budgetary Impacts Since 1981

Description: Hurricane Katrina, which struck Louisiana, Mississippi, and Alabama, caused widespread flooding, significant property damage, and lost lives. In response, Congress passed two supplemental appropriations measures providing a combined $62.3 billion for relief and recovery needs. Many knowledgeable observers think that the costs will likely rise much higher. Some have called for offsets in the federal budget to pay for Katrina (and, to a lesser extent, Hurricane Rita) relief and recovery efforts. … more
Date: November 2, 2005
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Effects of Government Expenditures and Revenues on the Economy and Economic Well-Being: A Cross-National Analysis

Description: Congress passed and the President signed a reconciliation bill (P.L. 109-171) to reduce mandatory spending by $39 billion between FY2006 and FY2010. A revenue reduction reconciliation bill (H.R. 4297) has not been enacted as of the date of this report. Many argue that tax and spending reductions will stimulate economic growth, whereas many others argue that tax cuts will lead to a larger deficit with adverse economic effects and that spending cuts will reduce critical government services. This … more
Date: April 5, 2006
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Effects of Government Expenditures and Revenues on the Economy and Economic Well-Being: A Cross-National Analysis

Description: Congress passed and the President signed a reconciliation bill (P.L. 109-171) to reduce mandatory spending by $39 billion between FY2006 and FY2010. A revenue reduction reconciliation bill (H.R. 4297) has not been enacted as of the date of this report. Many argue that tax and spending reductions will stimulate economic growth, whereas many others argue that tax cuts will lead to a larger deficit with adverse economic effects and that spending cuts will reduce critical government services. This … more
Date: April 5, 2006
Creator: Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Corporate Tax Reform: Issues for Congress

Description: This report discusses the arguments for lowering the corporate tax rate that includes the traditional concerns about economic distortions arising from the corporate tax and newer concerns arising from the increasingly global nature of the economy.
Date: December 16, 2011
Creator: Gravelle, Jane G. & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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An Analysis of the Tax Treatment of Capital Losses

Description: Several reasons have been advanced for increasing the net capital loss limit against ordinary income: as a part of an economic stimulus plan, as a means of restoring confidence in the stock market, and to restore the value of the loss limitations to its 1978 level. Capital loss limits are imposed because individuals from reducing their taxes by legalizing losses while holding assets with gains until death when taxes are avoided completely.
Date: October 20, 2008
Creator: Hungerford, Thomas L. & Gravelle, Jane G.
Partner: UNT Libraries Government Documents Department
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Business Investment and Employment Tax Incentives to Stimulate the Economy

Description: This report discusses the merit of various business tax incentives and their effectiveness in providing fiscal stimulus during the recession. The two most common measures to provide business tax incentives for new investment are investment tax credits and accelerated deductions for depreciation.
Date: January 22, 2010
Creator: Hungerford, Thomas L. & Gravelle, Jane G.
Partner: UNT Libraries Government Documents Department
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The Market Structure of the Health Insurance Industry

Description: This report discusses whether or not the current health insurance market structure hinders the U.S. health system's ability to reach the policy goals of expanding health insurance coverage and containing health care costs. It also describes the forces that have shaped the health insurance industry, including its historical evolution, characteristics of health care and health insurance, determinants of supply and demand for health insurance, and the nature of competition among health insurers.
Date: May 25, 2010
Creator: Austin, D. Andrew & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Corporate Tax Reform: Issues for Congress

Description: This report contains the corporate tax reform issued for congress. H.R. 3970, introduced by Chairman Charles B. Rangel of the House Committee on Ways and Means, includes corporate tax revisions, trading a lower rate for a broader tax base as part of the revenue neutral reform package.
Date: July 24, 2008
Creator: Gravelle, Jane G. & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Challenge of Individual Income Tax Reform: An Economic Analysis of Tax Base Broadening

Description: Congressional interest in a major reform of the individual income tax that would broaden the base and use the additional tax revenues to lower rates and/or reduce the deficit has increased. This report discusses ways in which the tax base can be broadened, tax expenditures, and impediments to broadening the base/eliminating or reducing expenditures.
Date: March 22, 2012
Creator: Gravelle, Jane G. & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Corporate Tax Reform: Issues for Congress

Description: This report provides an overview of corporate tax issues and discusses potential reforms in the context of these issues, with particular attention to some of the recent research concerning large behavioral responses and their implications for revenue and distribution.
Date: October 31, 2007
Creator: Gravelle, Jane G. & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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The Market Structure of the Health Insurance Industry

Description: This report discusses whether or not the current health insurance market structure hinders the U.S. health system's ability to reach the policy goals of expanding health insurance coverage and containing health care costs. The report describes the forces that have shaped the health insurance industry. Reasons for high market concentration are discussed, along with profitability measures for the industry. Finally, options for Congress regarding the health insurance industry are analyzed.
Date: November 17, 2009
Creator: Austin, D. A. & Hungerford, Thomas L.
Partner: UNT Libraries Government Documents Department
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Business Investment and Employment Tax Incentives to Stimulate the Economy

Description: This report discusses the merit of various business tax incentives and their effectiveness in providing fiscal stimulus during the recession. The two most common measures to provide business tax incentives for new investment are investment tax credits and accelerated deductions for depreciation.
Date: September 16, 2010
Creator: Hungerford, Thomas L. & Gravelle, Jane G.
Partner: UNT Libraries Government Documents Department
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