Corporate Income Taxation
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A 3 page paper discussing the relative merits of corporate income taxation, both in its current form in the US and as it would be were the US to adopt a value-added tax (VAT) approach. The VAT is not compatible with other tax structures, and depending on the output of the specific organization, it ultimately rests with those least able to pay it when the corporation raises prices to pay its taxes. This is true regardless of tax structure, and it is a point that legislators must bear in mind when searching for additional funds for pubic services. Bibliography lists 4 sources.
Filename: KStaxCorp.rtf

Correcting Negative Externalities
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A 4 page paper defining externalities and how they lead to market failure, then discussing three approaches (regulation, cost-benefit analysis, adopting sustainability measures) to correcting negative externalities. Negative externalities are "spill-over" qualities or items that carry social costs. When producers fail to acknowledge those social costs, the costs are there just the same. Milliken is one company that gives potential negative externalities the attention they deserve. Bibliography lists 3 sources.
Filename: KSpubAdmExtern.rtf

Cost-Benefit Analysis of Proposition 82
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A 22 page paper providing full cost-benefit analysis of the effects of Proposition 82 which will require free universal preschool for all of California's 4-year-old children. Discount factors used are 3 and 4 percent; teachers are given a raise only once and no other costs increase over the 30-year life of the program. The project becomes positive after the first decade. Bibliography lists 23 sources.
Filename: KScbaCAprop82-2.rtf