Matches in SemOpenAlex for { <https://semopenalex.org/work/W131707514> ?p ?o ?g. }
Showing items 1 to 65 of
65
with 100 items per page.
- W131707514 abstract "For over a decade, federal budget rules have included procedures designed to increase conflict among those competing for federal benefits. As deficit concerns have caused steady retrenchment in spending and indexation of tax brackets has increased the pressure on federal revenues, budget rules have institutionalized interest group conflict by requiring advocates of new programs to find revenue offsets for new spending. This paper studies the pay-as-you-go provisions (PAYGO) codified in 1990 to structure the consideration of tax legislation. First, I provide a detailed explanation of why and how offset requirements in the tax arena can reduce the growth of new spending through the Internal Revenue Code. I explain the ways that interest groups seek to avoid the high costs of PAYGO, such as taking advantage of timing and accounting gimmicks and downstreaming decisions to regulators who can parcel out tax subsidies without triggering PAYGO requirements. I also use the theory of rent extraction to explain why self-interested legislators adopted offset requirements even though the rules impair their ability to send federal benefits to interest groups. Second, I argue that institutionalized conflict has at least one positive, but previously overlooked, effect on the budget process. Offset requirements both result in the production of an increased amount of information about tax expenditures and provide a structure for its disclosure that allows members of Congress to understand and use it more appropriately. PAYGO can thus be seen as a surrogate for the more straightforward tax expenditure review that tax policy analysts have long advocated. This benefit may not outweigh other costs associated with PAYGO and identified in other literature, but it must be considered as we analyze modifications to the federal budget framework and proposals to constitutionalize parts of it through a balanced budget amendment." @default.
- W131707514 created "2016-06-24" @default.
- W131707514 creator A5038426587 @default.
- W131707514 date "1997-11-01" @default.
- W131707514 modified "2023-09-25" @default.
- W131707514 title "Harnessing Politics: The Dynamics of Offset Requirements InThe Tax Legislative Process" @default.
- W131707514 hasPublicationYear "1997" @default.
- W131707514 type Work @default.
- W131707514 sameAs 131707514 @default.
- W131707514 citedByCount "2" @default.
- W131707514 crossrefType "posted-content" @default.
- W131707514 hasAuthorship W131707514A5038426587 @default.
- W131707514 hasConcept C100001284 @default.
- W131707514 hasConcept C113216237 @default.
- W131707514 hasConcept C121955636 @default.
- W131707514 hasConcept C144133560 @default.
- W131707514 hasConcept C162324750 @default.
- W131707514 hasConcept C17744445 @default.
- W131707514 hasConcept C195487862 @default.
- W131707514 hasConcept C199539241 @default.
- W131707514 hasConcept C2777351106 @default.
- W131707514 hasConcept C34447519 @default.
- W131707514 hasConcept C551662922 @default.
- W131707514 hasConcept C83009810 @default.
- W131707514 hasConcept C84265765 @default.
- W131707514 hasConceptScore W131707514C100001284 @default.
- W131707514 hasConceptScore W131707514C113216237 @default.
- W131707514 hasConceptScore W131707514C121955636 @default.
- W131707514 hasConceptScore W131707514C144133560 @default.
- W131707514 hasConceptScore W131707514C162324750 @default.
- W131707514 hasConceptScore W131707514C17744445 @default.
- W131707514 hasConceptScore W131707514C195487862 @default.
- W131707514 hasConceptScore W131707514C199539241 @default.
- W131707514 hasConceptScore W131707514C2777351106 @default.
- W131707514 hasConceptScore W131707514C34447519 @default.
- W131707514 hasConceptScore W131707514C551662922 @default.
- W131707514 hasConceptScore W131707514C83009810 @default.
- W131707514 hasConceptScore W131707514C84265765 @default.
- W131707514 hasLocation W1317075141 @default.
- W131707514 hasOpenAccess W131707514 @default.
- W131707514 hasPrimaryLocation W1317075141 @default.
- W131707514 hasRelatedWork W129315441 @default.
- W131707514 hasRelatedWork W1492527776 @default.
- W131707514 hasRelatedWork W1496077309 @default.
- W131707514 hasRelatedWork W1552735269 @default.
- W131707514 hasRelatedWork W1567229458 @default.
- W131707514 hasRelatedWork W1573736700 @default.
- W131707514 hasRelatedWork W1597271364 @default.
- W131707514 hasRelatedWork W191987787 @default.
- W131707514 hasRelatedWork W1969025913 @default.
- W131707514 hasRelatedWork W2187609305 @default.
- W131707514 hasRelatedWork W2223122083 @default.
- W131707514 hasRelatedWork W2230137407 @default.
- W131707514 hasRelatedWork W243396955 @default.
- W131707514 hasRelatedWork W2522402456 @default.
- W131707514 hasRelatedWork W2568019416 @default.
- W131707514 hasRelatedWork W2601214710 @default.
- W131707514 hasRelatedWork W2734561794 @default.
- W131707514 hasRelatedWork W2972162133 @default.
- W131707514 hasRelatedWork W582504524 @default.
- W131707514 hasRelatedWork W84164737 @default.
- W131707514 isParatext "false" @default.
- W131707514 isRetracted "false" @default.
- W131707514 magId "131707514" @default.
- W131707514 workType "article" @default.