In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

This press release discusses Daniel N. Shaviro's new monograph from the AEI Press.

This volume explores the causes and costs of tax avoidance and provides a useful guide to the key conceptual issues that must be addressed in order to design a truly effective tax reform.

Corporate tax shelters--transactions that purport to offer large tax savings through little more than paperwork--are perennially in the news. Government efforts to combat them, whether through litigation, new regulations, or proposed legislation, emphasize requiring "economic substance," such as the acceptance of significant economic risks. This approach is odd, since...

Obama wanted to raise capital gains rates even if the government got less revenue because of "fairness." Evidently he likes taking people's money away. What he doesn't explain is why this makes anyone better off.

Southgate Master Fund v. United States exemplifies the difficult trade-off between tax collection and economic efficiency and shows how the IRS should prioritize its efforts.

Tax planning often exploits inconsistencies between different countries' tax codes in an effort to obtain more favorable tax results than could have been achieved by investing in just one country. Would fundamental tax reform alter these opportunities for U.S. companies? AEI visiting scholar Daniel Shaviro argues in his...

Doubts about Prime Minister Kan's leadership are growing. He will be judged by how he responded to the earthquake and how he positions Japan to emerge as strongly as possible from the disaster.