Law and the Limits of Government: Temporary versus Permanent Legislation
F. Fagan, Law and the Limits of Government: Temporary versus Permanent Legislation, Edward Elgar Publishing, 2013
15 Pages Posted: 10 Oct 2012 Last revised: 24 Jun 2016
Date Written: October 1, 2012
This book addresses several important questions involving the timing of legal intervention and the duration of laws. For example, why do legislatures pass laws that automatically expire, and why are so many tax cuts sunset? With a mixture of theoretical and empirical analysis, the book demonstrates that legislatures pass laws temporarily in order to reduce opposition from the citizenry, to increase the level of information revealed by lobbies, and to externalize the political costs of changing the tax code onto future legislatures. This document contains the book's foreword and introductory chapter.
Keywords: temporary legislation, timing rules, temporary taxation, statutory obsolesence
JEL Classification: K19, K23, K34
Suggested Citation: Suggested Citation