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War and Taxes
Steven A. Bank University of California, Los Angeles - School of Law Kirk J. Stark University of California, Los Angeles - School of Law Joseph J. Thorndike University of Virginia (UVA) - College of Arts and Sciences; Tax Analysts UCLA School of Law, Law-Econ Research Paper No. 08-10 Steven A. Bank, Kirk J. Stark, Joseph J. Thorndike, WAR AND TAXES, Urban Institute Press, 2008 Abstract: During World War II, Americans were urged to ration food, raise money, and accept higher taxes. After September 11, we were given tax cuts and asked to shop. Has the United States broken a noble tradition of fiscal sacrifice with the current, unprecedented wartime tax cuts, or are they the mark of new economic and social forces at work? This piece, and the book from which it is drawn, War and Taxes, weighs the question by considering seven conflicts that span the American Revolution to the present war in Iraq.
Keywords: wartime economics, tax cuts, tax history, economic policies JEL Classifications: H30, H50 Accepted Paper SeriesDate posted: May 02, 2008 ; Last revised: May 15, 2008Suggested CitationContact Information
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