Tax Policy and the Economy, Volume 18 (NBER Tax Policy and the Economy)

This NBER series presents current academic research in the areas of taxation and government spending. The papers included provide important background information for policy analysis without making specific policy recommendations. Volume 18 continues the series tradition of addressing issues that are relevant to current policy debates as well as to questions of longer-term interest, covering topics that include the tax treatment of assets saved for higher education expenses, the measurement of depreciation allowances, and the mortgage interest subsidy. Introduction (p. xi-xiii) James M. Poterba 1. The Character and Determinants of Corporate Capital Gains (p. 1-36) Mihir A. Desai and William M. Gentry 2. How Fast do Personal Computers Depreciate? Concepts and New Estimates (p. 37-79) Mark E. Doms, Wendy E. Dunn, Stephen D. Oliner and Daniel E. Sichel 3. Tax Policy and Education Policy: Collision or Coordination? A Case Study of the 529 and Coverdell Saving Incentives (p. 81-116) Susan Dynarski 4. Reported Incomes and Marginal Tax Rates, 1960-2000: Evidence and Policy Implications (p. 117-173) Emmanuel Saez 5. The (Un)changing Geographical Distribution of Housing Tax Benefits: 1980-2000 (p.175-208) Todd Sinai and Joseph Gyourko

policy Implications Of Current Research On Taxation And Government Expenditure Programs; Topics Include Tax Treatment Of Assets Saved For Higher Education Expenses And The Mortgage Interest Subsidy.