Suchergebnisse

The probable effects of federal income tax reform on state & local taxation is examined, focusing on two crucial issues: elimination of state & local income tax deductions, & use of a flat rate tax together with elimination of various tax-exempt items. The elimination of deductibility is likely to create downward pressure on state & local taxes. The flat rate & restrictions on tax exemptions for government bonds are likely to reduce investment in such bonds; at the same time, elimination of tax shelters would free up increased capital for investment in municipal bonds. Both elimination of deductibility & restrictions on tax exempt municipal bonds appear desirable whether or not general tax reform is established. 6 Tables, 2 Figures. W. H. Stoddard

Consequences for state and local government finance of the elimination of the deduction for state and local taxes from the federal personal income tax base, the modified flat tax, the elimination of tax shelters, and restrictions on tax-exempt state and local government bonds.

Abstract. Strategic ownership position in corporation do not necessarily imply "control" but rather participation in corporate decision making. Strategic positions in the nation's 500 largest industrial corporations and 153 largest financial institutions are described and classified. Types of owners include banks and employee stock plans, financial bolding firms, insurance companies, families and individuals, pension funds, and foreign owners. Results indicate that families continue to hold significant strategic positions in industry (28.5%) and banking (20.4%). These results have certain implications for the theory of "managerialism."

Richard D. Bingham & Laura L. Vertz (see SA 32:1/84N5941) apply block model analysis to identify leadership structures in US political science. However, their starting point is a reputational leadership list derived by Walter B. Roettger ("Strata and Stability: Reputations of American Political Scientists," PS, 1978, 11, winter, 6-13) from a mass survey. It is questionable whether reputational leaders can be theoretically or empirically equated to institutional leaders in this way. Bingham & Vertz also utilize citation behavior, which provides a third possible measure of leadership -- citational leadership. The relations among these three concepts & measures could fruitfully be further explored. In Who's In and Who's Out? An Empirical Question, Richard D. Bingham & Laura L. Vertz (U of Wisconsin, Madison) find value in Dye's suggestions & note further possibilities along the same lines. 5 References. W. H. Stoddard.