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Trade and Carbon Taxes
We study various scenarios for taxing emissions of carbon dioxide (C02). The question is how carbon tax policies will perform, given interna tional trade, if countries adopt different tax rates. WeExpand
Ten Truths About Tax Shelters
This paper advances ten propositions about tax shelters and tax avoidance. The first four propositions argue that tax shelters must be analyzed solely by the consequences of shelters and theExpand
The Design of a Carbon Tax
We consider the design of a tax on greenhouse gas emissions for a developed country such as the United States. We consider three sets of issues: the optimal tax base, issues relating to the rateExpand
Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon
We reexamine estimates of the social cost of carbon (SCC) used by agencies as the price of carbon emissions in cost-benefit analysis, focusing on those by the federal Interagency Working Group on SCCExpand
An Economic Analysis of Anti-Tax Avoidance Doctrines
This article analyzes the effect of tax law doctrines designed to reduce tax shelters, such as the business-purpose doctrine, and the economic-substance doctrine. The article analyzes these doctrinesExpand
Corporate Tax Avoidance
This essay analyzes the problem of corporate tax avoidance. It shows how the marginal efficiency cost of funds and optimal elasticity of taxable income measures can be used to analyze the problem andExpand
Climate Change Justice
Climate change and justice are so closely associated that many people take it for granted that a global climate treaty should--indeed, must--directly address both issues together. But, in fact, thisExpand
Line Drawing, Doctrine, and Efficiency in the Tax Law
This paper examines how lines should be drawn between similar activities within the tax law. Line drawing is a pervasive and enduring problem in the tax law. For example, the tax law drawsExpand
Taxes and Torts in the Redistribution of Income
This paper, presented as the Coase Lecture at the University of Chicago Law School, summarizes in a non-technical fashion the recent literature on the use of legal rules to redistribute income. TheExpand
Design of a Carbon Tax
We consider the design of a tax on greenhouse gas emissions for a developed country such as the United States. We consider three sets of issues: the optimal tax base, issues relating to the rateExpand
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