Tax Expenditures and the Tax Reform Act of 1969 in the United States
Bibliographic Data
| ID | 11204508 |
|---|---|
| Authors | Seiichiro Mozumi (0000-0002-3341-2832, Yokohama National University, corresponding author) |
| Year | 2022 |
| Volume | 46 |
| Issue | 1 |
| Pages | 93-118 |
| Publication date | 2022-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Science History (JOURNAL) |
| Journal identifiers | ISSN: 0145-5532 • E-ISSN: 1527-8034 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/ssh.2021.41 |
| OpenAlex | W4205875803 |
| Language | EN |
| Citations received | 2 |
| References cited | 31 |
In the United States, tax favoritism—an approach that has weakened the extractive capacity of the federal government by providing tax loopholes and preferences for taxpayers—has remained since the 1930s. It has consumed the amount of tax revenue the government can spend and therefore weakened the possibility of the redistribution of fiscal resources. It has also made the federal tax system complicated and inequitable, resulting in undermining taxpayer consent. Therefore, since the 1930s, a tax reform to create a simple, fair, and equitable federal income tax system with the capacity to raise revenue has been long overdue. Many scholars have evaluated the Tax Reform Act of 1969 (TRA69), which Richard M. Nixon signed into law on December 30, 1969, as one of the most successful steps toward accomplishing this goal. This article demonstrates that TRA69 left tax favoritism in the United States. Furthermore, it points out that TRA69 turned taxpayers against the idea of federal taxation, a shift in public perception that greatly impacted tax reform in the years to follow
Ad valorem tax · Business · Direct tax · Economic policy · Economics · Government (linguistics · Income tax · Indirect tax · Law and economics · Macroeconomics · Political science · Politics · Public economics · Redistribution (election · Revenue · State income tax · Tax avoidance · Tax credit · Tax reform · Tax revenue · Taxpayer · Value-added tax · Corporate Taxation and Avoidance · Finance · Gender, Labor, and Family Dynamics · Law · Taxation and Compliance Studies
The Permanent Tax Revolt
The Submerged State
The Government-Citizen Disconnect
White Flight
Race, Money, and the American Welfare State
The New Fiscal Sociology
The fiscal revolution in America
The Fiscalization of Social Policy
Regressive Taxation and the Welfare State
Rich Democracies
Welfare for the Wealthy
The Silent Majority
The Political Economy of Transnational Tax Reform
Growing public – social spending and economic growth since the eighteenth century
The Kennedy–Johnson Tax Cut of 1964, the Defeat of Keynes, and Comprehensive Tax Reform in the United States
Read My Lips
Jimmy Carter's Economy
The Politics and Development of the Federal Income Tax
Taxation and the worlds of welfare
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,67 |
| Citation span | 2023 - 2024 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |