Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1955
Total Pages: 950
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. Joint Committee on the Economic Report. Subcommittee on Tax Policy
Publisher:
Published: 1955
Total Pages: 728
ISBN-13:
DOWNLOAD EBOOK →Author: Joseph A. Pechman
Publisher: Brookings Institution Press
Published: 1983
Total Pages: 440
ISBN-13:
DOWNLOAD EBOOK →This fifth edition of Federal Tax Policy, like its predecessors, is intended to explain such issues so that the interested citizen may better understand and contribute to public discussion of tax policy. This edition reflects tax developments between 1983 and 1987 and emphasizes the newer issues: comprehensive income taxation, the effects of taxation on economic incentives, inflation adjustments for income tax purposes, the relative merits of graduated income taxes and expenditure taxes, and changes in the fiscal relations between the federal and the state and local governments.
Author: United States. Department of the Treasury
Publisher:
Published: 1975
Total Pages: 12
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Internal Revenue Service
Publisher:
Published:
Total Pages: 12
ISBN-13:
DOWNLOAD EBOOK →Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Published: 2016-12-10
Total Pages: 78
ISBN-13: 1498345204
DOWNLOAD EBOOK →Risks to macroeconomic stability posed by excessive private leverage are significantly amplified by tax distortions. ‘Debt bias’ (tax provisions favoring finance by debt rather than equity) has increased leverage in both the household and corporate sectors, and is now widely recognized as a significant macroeconomic concern. This paper presents new evidence of the extent of debt bias, including estimates for banks and non-bank financial institutions both before and after the global financial crisis. It presents policy options to alleviate debt bias, and assesses their effectiveness. The paper finds that thin capitalization rules restricting interest deductibility have only partially been able to address debt bias, but that an allowance for corporate equity has generally proved effective. The paper concludes that debt bias should feature prominently in countries’ tax reform plans in the coming years.