Altshuler, Rosanne; Auerbach, Alan J.; Cooper, Michael J.; … - 2011
income was much higher around the recession of 2001 than in earlier recessions, even those of greater severity. Using a … 1990s and recent temporary tax provisions that might have had important effects on taxable income. We find that losses rose … an increase in the gap between corporate profits subject to tax and corporate profits as measured by the national income …
