Tax Policy and Investment

Tax Policy and Investment
Author: Kevin A. Hassett
Publisher:
Total Pages: 76
Release: 1996
Genre: Business enterprises
ISBN:

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In this paper, we summarize recent advances in the study of effects of tax policy on the fixed investment decisions of firms. We attempt to identify consensus where it has been achieved and to highlight important unresolved issues. In addition, we discuss the implications of recent findings for the analysis of policy options, and discuss arguments for and against long-run tax policy that favors business investment spending.