Taxes and Capital Formation

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aging
business
capital accumulation
carry forward
Category=KFF
Category=VSB
consumer spending
corporate
economic growth
economics
employment
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eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_self-help
finance
gains
incentives
individual retirement accounts
interest rates
international
investment
ira
labor
nonfiction
pension
productivity
realizations
reform
revenues
risk-taking
saving
tax structures
taxation
trade
value-added
wealth

Product details

  • ISBN 9780226240794
  • Weight: 369g
  • Dimensions: 16 x 24mm
  • Publication Date: 17 Aug 1987
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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Economists have long recognized the importance of capital accumulation for productivity and economic growth. The National Bureau of Economic Research is currently engaged in a study of the relationship between such accumulation and taxation policies, with particular focus on saving, risk-taking, and corporate investment in the United States and abroad. The papers presented in Taxes and Capital Formation are accessible, nontechnical summaries of fourteen individual research projects within that study. Complete technical reports on this research are published in a separate volume, The Effects of Taxation on Capital Accumulation, also edited by Martin Feldstein.

By addressing some of the most critical policy issues of the day with a minimum of economic jargon, Taxes and Capital Formation makes the results of Bureau research available to a wide audience of policy officials and staff as well as to members of the business community. The volume should also prove useful for courses in public policy, business, and law. In keeping with Bureau tradition, the papers do not contain policy recommendations; instead, they promote a better understanding of how the economy works and the effects of specific policies on particular aspects of the economy.