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Tax Policy in the 1980s: A Personal View

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  • Martin Feldstein

Abstract

The tax reforms of the 1980s were the most substantial tax changes since the dramatic expansion of personal taxation during World War II. This paper. which was written as part of the NBER project on American economic policy in the 1980s. examines the nature of these changes and discusses the reasons why tax policies evolved as they did in the 1980s. Particular attention is given to the role of economic analysis in shaping the tax reforms.

Suggested Citation

  • Martin Feldstein, 1993. "Tax Policy in the 1980s: A Personal View," NBER Working Papers 4323, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:4323
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    References listed on IDEAS

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    1. Feldstein, Martin S & Metcalf, Gilbert E, 1987. "The Effect of Federal Tax Deductibility on State and Local Taxes and Spending," Journal of Political Economy, University of Chicago Press, vol. 95(4), pages 710-736, August.
    2. Feldstein, Martin, 1988. "Imputing Corporate Tax Liabilities to Individual Taxpayers," National Tax Journal, National Tax Association;National Tax Journal, vol. 41(1), pages 37-59, March.
    3. Martin Feldstein, 1983. "Behavioral Simulation Methods in Tax Policy Analysis," NBER Books, National Bureau of Economic Research, Inc, number feld83-2.
    4. Feldstein, Martin, 1986. "Supply Side Economics: Old Truths and New Claims," American Economic Review, American Economic Association, vol. 76(2), pages 26-30, May.
    5. Feldstein, Martin (ed.), 1987. "Taxes and Capital Formation," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226240794.
    6. Feldstein, Martin, 2009. "Inflation, Tax Rules, and Capital Formation," National Bureau of Economic Research Books, University of Chicago Press, number 9780226241791.
    7. Martin Feldstein, 1987. "Taxes and Capital Formation," NBER Books, National Bureau of Economic Research, Inc, number feld87-2.
    8. Martin Feldstein, 1983. "Introduction to "Behavioral Simulation Methods in Tax Policy Analysis"," NBER Chapters, in: Behavioral Simulation Methods in Tax Policy Analysis, pages 1-6, National Bureau of Economic Research, Inc.
    9. Feldstein, Martin, 1988. "Imputing Corporate Tax Liabilities to Individual Taxpayers," National Tax Journal, National Tax Association, vol. 41(1), pages 37-59, March.
    10. Martin Feldstein, 1982. "Capital Taxation," NBER Working Papers 0877, National Bureau of Economic Research, Inc.
    11. Feldstein, Martin (ed.), 1983. "Behavioral Simulation Methods in Tax Policy Analysis," National Bureau of Economic Research Books, University of Chicago Press, number 9780226240848.
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    Cited by:

    1. Komlos John, 2019. "Reaganomics: A Watershed Moment on the Road to Trumpism," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-21, December.
    2. Martin Feldstein, 1993. "Government Spending and Budget Deficits in the 1980s: A Personal View," NBER Working Papers 4324, National Bureau of Economic Research, Inc.
    3. John Komlos, 2022. "Running the U.S. Economy at Full Throttle Is a Stressful Variant of Capitalism," CESifo Working Paper Series 9966, CESifo.
    4. John Komlos, 2018. "Reaganomics: A Historical Watershed," CESifo Working Paper Series 7301, CESifo.
    5. John Komlos, 2023. "Viability of the Political System: A Neglected Issue in Public Finance," Challenge, Taylor & Francis Journals, vol. 66(3-4), pages 59-68, July.

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    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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