Tax Policy and the Economy publishes current academic research findings on taxation and government spending that have both immediate bearing on policy debates and longer-term interest. The papers in this volume range from topics as broad as the relative efficacy of tax cuts versus spending increases as a form of economic stimulus to a targeted analysis of the Low Income Housing Tax Credit. Also included are two papers at that examine different aspects of policies designed to provide fiscal stimulus, as well as an examination of the effects of recent reforms in the Earned Income Tax Credit.
Acknowledgments
Introduction
Jeffrey R. Brown
1 Investment in Energy Infrastructure and the Tax Code
Gilbert E. Metcalf
2 Large Changes in Fiscal Policy: Taxes versus Spending
Alberto Alesina and Silvia Ardagna
3 Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications
Claudia R. Sahm, Matthew D. Shapiro, and Joel Slemrod
4 Trends in the Level and Distribution of Income Support
Robert Moffitt and John Karl Scholz
5 The Effects of the Earned Income Tax Credit and Recent Reforms
Bruce D. Meyer
6 Tax Incentives for Affordable Housing: The Low Income Housing Tax Credit
Mihir Desai, Dhammika Dharmapala, and Monica Singhai
Overview
Tax Policy and the Economy publishes current academic research findings on taxation and government spending that have both immediate bearing on policy debates and longer-term interest. The papers in this volume range from topics as broad as the relative efficacy of tax cuts versus spending increases as a form of economic stimulus to a targeted analysis of the Low Income Housing Tax Credit. Also included are two papers at that examine different aspects of policies designed to provide fiscal stimulus, as well as an...