scholarly journals Decoupling State Income Tax from Federal: Current Taxation of Unrealized Gain, the New York Proposal

2021 ◽  
Author(s):  
Henry Ordower
Keyword(s):  
New York ◽  
Income Tax ◽  
State Income Tax ◽  
State Income

Changing Places, Changing Taxes: Exploiting Tax Discontinuities

2021 ◽  
Vol 22 (1) ◽  
pp. 335-379
Author(s):  
Julie Roin
Keyword(s):  
New York ◽  
Income Tax ◽  
Policy Changes ◽  
Public Attention ◽  
Tax Revenues ◽  
State Income Tax ◽  
State Income ◽  
Tax Systems

Abstract President Trump’s decision to move his official state of residence from high-tax New York to no (income)-tax Florida has brought public attention to an issue that has long troubled scholars, designers and administrators of income tax systems: how the interaction of tax rules deferring the taxation of income and tax rules based on residency allows taxpayers to reduce and even avoid taxation of their deferred income. These discontinuities in tax treatment may lead to excessive migration, as well as reductions in state income tax revenues and distortions in the design of state taxing mechanisms. This Article explains what states would have to do to eliminate these avoidance opportunities. However, it also points out that many of these policy changes would create other tax discontinuities. Ultimately, it leaves open the question whether making any of these changes would lead to fewer financial and behavioral distortions.

Forecasting State Income Tax Collections: A New Approach

1978 ◽  
Vol 6 (1) ◽  
pp. 67-91 ◽  
Author(s):  
David M. Reaume
Keyword(s):  
North Carolina ◽  
Income Distribution ◽  
Income Tax ◽  
The State ◽  
New Approach ◽  
State Income Tax ◽  
State Income ◽  
Complete Detail ◽  
The Law

This paper reports on an application of the microsimulation method to the estimation of income tax collections for the State of North Carolina. Detailed forecasts of Income distribution make it Possible to model the law in nearly complete detail. The model provides quarterly forecasts of collections disaggregated by withheld taxes, declarations payments, final payments, and refunds.

scholarly journals A Treatise on the Taxing Power, with Particular Application to the State Income Tax

1937 ◽  
Vol 46 (7) ◽  
pp. 1275
Author(s):  
Osmond K. Fraenkel ◽  
Walter K. Tuller
Keyword(s):  
Income Tax ◽  
The State ◽  
State Income Tax ◽  
State Income

scholarly journals A Treatise on the Taxing Power with Particular Application to the State Income Tax

1937 ◽  
Vol 26 (1) ◽  
pp. 170
Author(s):  
Walter L. Nossaman ◽  
Walter K. Tuller
Keyword(s):  
Income Tax ◽  
The State ◽  
State Income Tax ◽  
State Income

Revenue

2020 ◽  
pp. 225-260
Author(s):  
Richard B. Collins ◽  
Dale A. Oesterle ◽  
Lawrence Friedman
Keyword(s):  
Public Debt ◽  
Income Tax ◽  
The State ◽  
Property Taxes ◽  
Tax Structure ◽  
Bill Of Rights ◽  
State Income Tax ◽  
State Income ◽  
Public Revenue ◽  
The Many

This chapter highlights Article X of the Colorado Constitution, dealing with revenue. It is one of the constitution’s most distinctive sections Detailed provisions lay out the state’s tax structure. Sections 3, 3.5, and 15 are extensive rules for property taxes and their equalization across the state. Sections 4 and 5 exempt public, religious, and charitable property. Sections 17 and 19 authorize and define the state income tax. Section 20, the Taxpayers Bill of Rights or TABOR requires prior voter consent to new or increased taxes and public debt and for public revenue above specified formulas. It also forbids specified taxes. The chapter explains in detail the many legal disputes about interpretation of this section.

Sign in / Sign up

Export Citation Format

Share Document