Showing 1 - 9 of 9
Higher corporate taxes reduce corporate business operations, replacing them with operations by noncorporate businesses … higher corporate taxes can increase income inequality even when the corporate tax burden falls entirely on capital owned …
Persistent link: https://www.econbiz.de/10012482159
The hypothesis that decreases in taxes reduce future government spending is often cited as a reason for cutting taxes …. However, because taxes change for many reasons, examinations of the relationship between overall measures of taxation and …
Persistent link: https://www.econbiz.de/10012465098
This paper investigates the impact of changes in the level of taxation on economic activity. We use the narrative record -- presidential speeches, executive-branch documents, and Congressional reports -- to identify the size, timing, and principal motivation for all major postwar tax policy...
Persistent link: https://www.econbiz.de/10012465388
countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …
Persistent link: https://www.econbiz.de/10012472085
This paper examines the investment effects of tax subsidies for which some assets and not others are eligible. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and reducing payoffs to bondholders in the event of default....
Persistent link: https://www.econbiz.de/10012472196
choices. While taxes appear to influence a wide range of activity, the literature does not offer many subtle tests designed to …
Persistent link: https://www.econbiz.de/10012473259
This paper examines the impact of the 1986 change in U.S. interest allocation rules on the investment and financing decisions of American multinationals. The 1986 change reduced the tax deductibility of the interest expenses of firms with excess foreign tax credits. The resulting increase in the...
Persistent link: https://www.econbiz.de/10012473980
taxable income using time-series/cross-section analysis of data on income and taxes by small slices of the income distribution …
Persistent link: https://www.econbiz.de/10012460799
Deferral of U.S. taxes on foreign source income is commonly characterized as a subsidy to foreign investment, as …
Persistent link: https://www.econbiz.de/10012461455