The Effect of Accounting Information on Taxpayers' Acceptance of Tax Reform

Autor:	Yue (May) Zhang, Cynthia Jackson, James J. Maroney, Timothy J. Rupert
Rok vydání:	2012
Předmět:	Public economics business.industry Accrual Survival of the fittest media_common.quotation_subject Control (management) Accounting Tax reform Social security Cash Sustainability Accounting information system Economics business Finance media_common
Zdroj:	Journal of the American Taxation Association. 34:113-135
ISSN:	1558-8017 0198-9073
Popis:	The United States faces exceptionally large budget deficits over the foreseeable future that threaten the nation's financial stability (Bernanke 2010). A large portion of these deficits is due to the Social Security and Medicare programs. Thus, given the likely need to reform these programs, we use a model of rational choice proposed by Margolis (1981, 1984) and conduct an experiment to determine if the accounting information provided about the Social Security system affects taxpayers' acceptance of reform. We find that participants who receive accrual basis financial information are more concerned about the sustainability of the system and, most important, are willing to accept a greater share of the burden of reforming the Social Security system than participants receiving cash basis financial information and participants in the control condition. However, through supplemental analyses we also find that if the survival of the Social Security system is placed into question, the willingness to sacrifice begins to decline. Data Availability: Data are available from the authors on request.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::74845861556ead425f140d0aa8903191 https://doi.org/10.2308/atax-10168 Zobrazit plný text záznamu Plný text ve formátu PDF