The Elusive Incidence of the Corporate Income Tax: The State Case / Charles E. McLure, Jr..

By:

McLure, Charles E, Jr

Contributor(s):

National Bureau of Economic Research

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w0616.Publication details: Cambridge, Mass. National Bureau of Economic Research 1981.Description: 1 online resource: illustrations (black and white)Subject(s):

E - Macroeconomics and Monetary Economics

Online resources:

Available additional physical forms:

Hardcopy version available to institutional subscribers

Abstract: A recurring theme in the literature on taxation has been uncertainty about the incidence of the corporate income tax. The answer may be even more elusive for state taxes than for federal taxes. As seen by one state, a cor- porate income tax levied on the basis of formula apportionment of total income is a composite of taxes levied on whatever factors enter the state's apportion- ment formula. Such a tax is likely to be borne primarily by residents of the taxing state, as consumers, immobile workers, and owners of land and immobile capital. Substantial shifting to consumers or capitalists throughout the nation is unlikely.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w0616 (Browse shelf(Opens below))	Not For Loan

Total holds: 0

Collection: Colección NBER Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	nber w0613 Is the Maximum Tax on Earned Income Effective? /	nber w0614 Asset Holdings and the Life Cycle /	nber w0615 Variations in Infant Mortality Rates among Counties in the United States: The Roles of Social Policies and Programs /	nber w0616 The Elusive Incidence of the Corporate Income Tax: The State Case /	nber w0617 Black-White Earnings Ratios Since the Civil Rights Act of 1964: The Importance of Labor Market Dropouts /	nber w0618 The Role of Seniority at U.S. Work Places: A Report on Some New Evidence /	nber w0619 Social Security, Bequests, and the Life Cycle Theory of Saving: Cross-Sectional Tests /	Next

1981.

A recurring theme in the literature on taxation has been uncertainty about the incidence of the corporate income tax. The answer may be even more elusive for state taxes than for federal taxes. As seen by one state, a cor- porate income tax levied on the basis of formula apportionment of total income is a composite of taxes levied on whatever factors enter the state's apportion- ment formula. Such a tax is likely to be borne primarily by residents of the taxing state, as consumers, immobile workers, and owners of land and immobile capital. Substantial shifting to consumers or capitalists throughout the nation is unlikely.