Taxing Ourselves, 4th Edition: A Citizen's Guide to the Debate over Taxes - Softcover

Slemrod, Joel; Bakija, Jon M.

Softcover

ISBN 10: 0262693631 ISBN 13: 9780262693639

Publisher: Mit Pr, 2008

Synopsis

The fourth edition of a popular guide to the key issues in tax reform, discussing the current system and alternative proposals clearly and without a political agenda.

As Albert Einstein may or may not have said, "The hardest thing in the world to understand is the income tax." Indeed, to follow the debate over tax reform, the interested citizen is forced to choose between misleading sound bites and academic treatises. Taxing Ourselves bridges the gap between the two by discussing the key issues clearly and without a political agenda: Should the federal income tax be replaced with a flat tax or sales tax? Should it be left in place and reformed? Can tax cuts stimulate the economy, or will higher deficits undermine any economic benefit? Authors and tax policy experts Joel Slemrod and Jon Bakija lay out in accessible language what is known and not known about how taxes affect the economy, offer guidelines for evaluating tax systems, and provide enough information to assess both the current income tax system and the leading proposals to reform or replace it (including the flat tax and the consumption tax).

The fourth edition of this popular guide has been extensively revised to incorporate the latest information, covering such recent developments as the Bush administration's tax cuts (which expire in 2011) and the alternatives proposed by the President's Advisory Panel on Federal Tax Reform. Slemrod and Bakija provide us with the knowledge and the tools―including an invaluable voter's guide to the tax policy debate―to make our own informed choices about how we should tax ourselves.

About this title

About the Author

Joel Slemrod is Paul W. McCracken Collegiate Professor of Business Economics and Public Policy and Professor of Economics at the University of Michigan, where he is also Director of the Office of Tax Policy Research.

Review

The newest edition of Taxing Ourselves provides a comprehensive treatment of the issues and a fresh look at recent developments in US tax policy. Using the clear language that has been a hallmark of earlier editions, Slemrod and Bakija lead the citizen taxpayer through the jungle of tax provisions and jargon to an understanding of how the tax system affects our lives, how we might do better, and what roadblocks stand in the way.

―Alan Auerbach, Robert D. Burch Professor of Economics and Law, and Director, Burch Center for Tax Policy and Public Finance, University of California, Berkeley

A major impediment to rational tax reform is that most politicians, journalists, and citizens fail to grasp the key issues. Even those who understand much about taxes may be naïve about tax policy. With Taxing Ourselves, all can stop making excuses and start making sense.

―Louis Kaplow, Finn M.W. Caspersen and Household International Professor of Law and Economics, Harvard

This book is a most timely and thoughtful discussion of the federal tax system and current proposals for its reform. Thorough, objective, and up-to-date in its analysis and set in the historical/political context, this book is a must-read for every citizen and student who wishes enlightenment on one of the most vital and controversial issues of the day.

―Peggy B. Musgrave, University of California, Santa Cruz

Joel Slemrod and Jon Bakija have done it again. The new edition of Taxing Ourselves is a beautifully written and up-to-date treatment of the theoretical, empirical, and institutional aspects of tax policy. Both students and aficionados of tax policy will find this volume an invaluable resource.

―Harvey Rosen, Department of Economics, Princeton University

Edition details

• Publisher: Mit Pr
• Publication date: 2008
• ISBN 10: 0262693631
• ISBN 13: 9780262693639
• Binding: Paperback
• Language: English
• Number of pages: 382