Mike Cosgrove - Research Insights

Mike Cosgrove, Satish & Yasmin Gupta College of Business

Mike Cosgrove"Research in Progress: U.S. Economic Sustainability Through Growth"

In the Author's Words
Sixty percent of U.S. households receive, on average, $3.10 in transfers for each dollar paid in Federal taxes. The other 40% of households get back $0.31in transfers for each dollar of Federal taxes paid. Federal taxes, as used here, comprise tax revenue from the Federal income tax, payroll tax, corporate income tax and excise tax for the year 2013 as outlined in the June 8, 2016 Congressional Budget Office report.

This is not saying that 60% of U.S. households do not pay Federal taxes. Most do pay Federal taxes but government transfers exceed the value of the Federal taxes paid. Transfers include cash payments from programs like Social Security, Supplemental Security Income and Temporary Assistance for Needy Families. CBO also includes the estimated value of in-kind benefits from programs like Medicaid, housing assistance, energy assistance and Supplemental Nutrition Assistance Program vouchers.

In perspective, in 1979, 80% of households paid positive net Federal taxes and only 20% of households received more in government transfers than they paid in Federal taxes. Between 1979 and 2013 the U.S. transitioned to a much larger and more comprehensive income redistribution system. To sustain the current degree of income redistribution, in the face of large entitlement increases in future years, economic policies need to enhance incentives to save, invest, work and grow incomes and, as a result, generate Federal tax revenues.

Faculty Profile: Mike Cosgrove

News

Teller Family Finds Friendship, Fraternity in Love of Music

Growing up in a half-Irish Catholic family in Cincinnati, the seven Teller children knew a household full of music. Lucy, Brother Jonah and Brother Simon Teller have used the love of music instilled during childhood by their family to become musicians and produce music of their own.

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UD Engages Conservation, Behavioral Research Efforts with Dallas Zoo

A few years back, the University of Dallas began to form a relationship with the Dallas Zoo, when Assistant Professor of Biology Deanna Soper, Ph.D., and her colleague, Professor of Psychology Scott Churchill, P.h.D., began taking class trips to the zoo. And in the spirit of further collaboration, the world's leading cheetah expert and conservationist, Laurie Marker, Ph.D., founder and executive director of the Cheetah Conservation Fund (CCF) sponsored by the Dallas Zoo, will join the UD community on Thursday, Oct. 25, to give a lecture about her work rescuing the world's fastest land mammal from extinction.

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Dallas Ministry Conference Unites Faithful and Faculty

Dallas/Fort Worth area faithful gathered at the Irving Convention Center for the 12th Annual Dallas Ministry Conference (DMC) Oct. 11-13, 2018. Sponsored by the Diocese of Dallas and the University of Dallas, the event seeks to provide opportunities for faith formation.

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