Issues in Income Tax Accountability: An Analysis of the Rental Housing Sector
AbstractMany of the proponents of improved accountability in taxation support the view that tax changes can be meaningfully classified as either "tax policy" changes or "tax expenditure" changes. While echoing the call for improved accountability, the author questions the validity of maintaining this dichotomy as he undertakes a critical assessment of income tax changes in the rental housing sector between 1972 and 1992. In addition to discussing changes that directly impact the rental housing sector, the author includes measures that target closely related sectors, such as the construction sector. He concludes that the traditional dichotomy is neither feasible nor meaningful and calls for a more integrated framework. Such an integrated approach would ideally ensure that all potential ramifications of tax changes would be taken into account. This would, in turn, lay the groundwork for improved features that would comprise such an integrated framework by reference to analytical welfare economics.
Author(s) retain original copyright in the substantive content of the titled work, subject to the following rights that are granted indefinitely:
- Author(s) grant the Alberta Law Review permission to produce, publish, disseminate, and distribute the titled work in electronic format to online database services, including, but not limited to: LexisNexis, QuickLaw, HeinOnline, and EBSCO;
- Author(s) grant the Alberta Law Review permission to post the titled work on the Alberta Law Review website and/or related websites.
- Author(s) agree that the titled work may be used for educational or instructional purposes and/or in educational or instructional materials. The author(s) acknowledge that the titled work is subject to other such "fair dealing" provisions and applicable legislation.
- Author(s) grant a limited license to those accessing the titled work from an electronic database or an Alberta Law Review website to download the titled work onto their computer and to print a copy for their own personal, non-commercial use, subject to proper attribution.
To use the journal's content elsewhere, permission must be obtained from the author(s) and the Alberta Law Review.