TITLE

TAXATION AND THE WIFE'S USE OF TIME

AUTHOR(S)
Hunt, Janet C.; DeLorme Jr., Charles D.; Hill, R. Carter
PUB. DATE
April 1981
SOURCE
Industrial & Labor Relations Review;Apr81, Vol. 34 Issue 3, p426
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This study examines the influence of taxation on the wife's choice between home and market production by treating the marginal tax rate as a decision variable. The data analyzed, from the Panel Study of Income Dynamics, provide information on the annual hours that husbands and wives devote to market work and housework, including child care, whereas previous studies have measured only changes in market hours and have assumed, in effect, that all other hours were devoted to nonproductive leisure. The empirical results indicate that wives working outside the home react to higher levels of taxation by reducing their market hours and increasing their home production time. In fact, the hypothesis cannot be rejected that wives completely reallocate time lost from the labor market to nonmarket production in an attempt to restore household real income. The authors conclude that the production loss from progressive taxation is usually overstated, though wives may lose through depreciation of their market skills and society loses to the extent that specialization in the economy declines.
ACCESSION #
4457519

 

Related Articles

  • IRS BRIEFING.  // Practical Accountant;Mar2006, Vol. 38 Issue 3, p18 

    The article highlights developments in the U.S. Internal Revenue Service (IRS). The IRS has been providing a Web site with an online tool that help determine an individual subject to an alternative minimum tax. It has an agreements to share its data with 74 federal programs that have financial...

  • Lawmakers need to rein-in effect tax has on Americans. Francis, David R. // Inside Tucson Business;6/18/2007, Vol. 17 Issue 1, p23 

    The author reflects on the necessity of the U.S. government to fix the implementation of alternative minimum tax (AMT). He notices that the House and the Senate are divided on how to fix the AMT. He stated that Democratic leaders consider the alteration of AMT permanently in a way that leaves 97...

  • New Alternative Minimum Tax Refundable Credit Can Reduce Income Tax Liability. Rogers, Bruce J. // Pennsylvania CPA Journal;Winter2008, Vol. 78 Issue 4, p8 

    The article looks at the new refundable alternative minimum tax (AMT) credit in the U.S. that can reduce or minimize income tax liability. Effective for tax years beginning after December 20, 2006, the refundable AMT credit is in response to the burden resulting from unfavorable treatment of...

  • Millions of Americans spared from the alternative minimum tax.  // Journal of Property Management;Mar/Apr2008, Vol. 73 Issue 2, p5 

    The article offers information on the approval of H.R. 3996, the Tax Increase Prevention Act of 2007, in the U.S. President George W. Bush signed the bill into law wherein it extends alternative minimum tax (AMT) relief for one year for nonrefundable personal credits and increases the AMT...

  • Reforming federal tax reform. Townsend, Alair // Crain's New York Business;1/17/2005, Vol. 21 Issue 3, p11 

    This article focuses on federal tax reform legislation in the U.S. President George W. Bush has appointed a group to recommend a simpler income tax code. It's been reported that some inside the Bush administration want to eliminate the deducibility of state and local taxes. The value of itemized...

  • Is your business subject to alternative minimum tax? Here's what you should know.  // Central Penn Business Journal;3/12/2010, Vol. 26 Issue 11, p15 

    The article provides information on alternative minimum tax (AMT) and its impact on businesses and industries. It notes that AMT functions as a separate tax system and applies to individuals, corporations, estates, and trusts. However, AMT only applies if an alternative minimum taxable income is...

  • ALTERNATIVE MINIMUM TAX (AMT).  // Small Business Advisor (1069-9619);Jan2014, Vol. 31 Issue 1, p8 

    The article discusses the existence of the Alternative Minimum Tax (AMT) which is intending to tax wealthy individuals. Topics discussed include the computation of the AMT, the impact of AMT to people who are living with higher tax rates in other states, and the reduction of the blanket tax by...

  • WARNING: THIS TRAP HURTS. Stern, Linda // Newsweek;12/1/2003, Vol. 142 Issue 22, p69 

    Discusses the Alternative Minimum Tax. How the AMT can blindside taxpayers with a bigger tax bill than they were expecting; Number of taxpayers that will pay the AMT; Those who can fall into the AMT trap.

  • Income Distribution and Redistribution Through Taxation: An International Comparison. Zandvakili, Sourushe // Empirical Economics;1994, Vol. 19 Issue 3, p473 

    Studies income tax progressivity using pre-tax and post-tax income inequality based on gross and disposable incomes among households. Decomposition of the Generalized Entropy measures by number of earners in the unit and by family size; Sources of tax revenue and selected income tax rates;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics