Month: January 2012

Articles Taxation Without Liquidation: Rethinking “Ability to Pay” By Sergio Pareja This Article proposes a novel way to tax wealth transfers. Specifically, it suggests that we divide all assets transferred by gift or bequest into two classes—illiquid assets and liquid assets. The recipient should include those assets in income but be allowed two options. With …

Articles Is Prison Increasing Crime? By Martin H. Pritikin Scholars have identified various ways in which incarceration may unintentionally cause crime. What the literature lacks, however, is an attempt to catalog all of the crime-causing, or “criminogenic,” effects of incarceration, and estimate their aggregate impact. This Article makes an initial attempt to do just that. …