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Sponsor’s age

In: Law and the Limits of Government

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Abstract

Why do legislatures pass laws that automatically expire? Why are so many tax cuts sunset? In this first book-length treatment of those questions, the author explains 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 on to future legislatures. This book provides a careful analysis which does not normatively prescribe either permanent or temporary legislation in every instance, but rather specifies the conditions for which either permanent or temporary legislation would maximize social welfare.

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  • ., 2013. "Sponsor’s age," Chapters, in: Law and the Limits of Government, chapter 7, pages 124-136, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14644_7
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    File URL: https://www.elgaronline.com/view/9780857938657.00016.xml
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    Cited by:

    1. Anderl, Eva & Schumann, Jan Hendrik & Kunz, Werner, 2016. "Helping Firms Reduce Complexity in Multichannel Online Data: A New Taxonomy-Based Approach for Customer Journeys," Journal of Retailing, Elsevier, vol. 92(2), pages 185-203.
    2. Agnieszka Skowronek – Gradziel & Wiktor Kolwzan & Teresa Kupczyk & Mirosław Zabierowski, 2021. "Management of Expenditure on the Development of Higher Education – Poland as Compared to EU Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 48-67.

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    Keywords

    Economics and Finance; Law - Academic;

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