Role of Tax Preferences in Financial Infrastructure PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Role of Tax Preferences in Financial Infrastructure PDF full book. Access full book title Role of Tax Preferences in Financial Infrastructure by Michael D. Scott. Download full books in PDF and EPUB format.
Author: Michael D. Scott
Publisher:
ISBN: 9781616687267
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 149
Get Book Here
Book Description
Author: Michael D. Scott
Publisher:
ISBN: 9781616687267
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 149
Get Book Here
Book Description
Author: Nathan Musick
Publisher: DIANE Publishing
ISBN: 1437924700
Category : Business & Economics
Languages : en
Pages : 50
Get Book Here
Book Description
The fed. gov¿t. supports infrastructure investment in a variety of ways. The most common means of providing a tax subsidy for infrastructure investment -- by offering a tax exemption for interest on state and local bonds -- is generally viewed to be inefficient. This study assesses the role of tax preferences in infrastructure investment in the U.S. It discusses the types of tax preferences for state and local bonds, reports the amount of such debt that has been issued for infrastructure projects undertaken by the public and private sectors, and estimates the importance of that debt financing to infrastructure investment. Charts and tables.
Author: Nathan Musick
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
Get Book Here
Book Description
States and localities issue debt to finance projects undertaken by government and, in some cases, by the private sector (bonds issued by states and localities to finance either government operations or certain private-sector activities are known as municipal bonds). The federal government subsidizes the issuance of municipal bonds by offering tax preferences that lower the cost of debt incurred for those projects. Government accounts for the bulk of investment in infrastructure today, largely reflecting the likelihood that infrastructure would otherwise be under-supplied. Recently, however, the private sector has been viewed as an increasingly viable source of financing; from that perspective, a key issue is whether the government should offer incentives (say, through tax subsidies or other favorable regulation) to encourage such investment. This study, prepared jointly by the Congressional Budget Office and the Joint Committee on Taxation, focuses on the use of tax-preferred debt to finance infrastructure. After an overview of investment in infrastructure in the United States--who pays for it, how much it costs, and the federal government's role in financing it--the study: (1) Discusses some of the advantages and disadvantages of tax preferences as a means of providing federal financial support for investment in infrastructure; (2) Outlines the rules applicable to the issuance of tax-exempt and tax-credit bonds; (3) Reviews historical trends in the issuance of tax-preferred bonds and quantifies the reliance of state and local governments and the private sector on such bonds as a means of financing their capital spending; and (4) Considers potential efficiency improvements to current tax policy through appropriately structured tax-credit bonds. (Contains 3 tables, 6 figures, 4 boxes and 61 footnotes.).
Author: C. Eugene Steuerle
Publisher: Brookings Institution Press
ISBN:
Category : Capital levy
Languages : en
Pages : 232
Get Book Here
Book Description
Research papers on the relations between income tax, credit policy and inflation in the USA - covers individual income tax, corporation tax, interest rates, credit system, tax and financial arbitrage, macroeconomics of fiscal policy, tax incentives for saving and investment, effects on business organizations, prescriptions for major tax reform (return to the gold standard). References, statistical tables.
Author: [Anonymus AC08741538]
Publisher:
ISBN: 9789279187353
Category :
Languages : en
Pages : 44
Get Book Here
Book Description
"The global economic and financial crisis has created important needs for fiscal consolidation. This document analyses potential instruments to raise additional tax revenues from the financial sector. The first section reviews the current policy objectives related to the taxation of the financial sector. The second section sheds some light on the current tax treatment of the financial sector. The third section discusses potential tax instruments to reach the goals. The fourth and fifth section respectively assess the advantages and drawbacks of a Financial Transaction Tax and a Financial Activities Tax."--Editor.
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Get Book Here
Book Description
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Author: Joan Youngman
Publisher:
ISBN: 9781558443426
Category : Local finance
Languages : en
Pages : 260
Get Book Here
Book Description
In A Good Tax, tax expert Joan Youngman skillfully considers how to improve the operation of the property tax and supply the information that is often missing in public debate. She analyzes the legal, administrative, and political challenges to the property tax in the United States and offers recommendations for its improvement. The book is accessibly written for policy analysts and public officials who are dealing with specific property tax issues and for those concerned with property tax issues in general.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264438181
Category :
Languages : en
Pages : 651
Get Book Here
Book Description
This annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by workers. Taxing Wages 2021 includes a special feature entitled: “Impact of COVID-19 on the Tax Wedge in OECD Countries”.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264852395
Category :
Languages : en
Pages : 94
Get Book Here
Book Description
This edition of the OECD Sovereign Borrowing Outlook reviews developments in response to the COVID-19 pandemic for government borrowing needs, funding conditions and funding strategies in the OECD area.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264424083
Category :
Languages : en
Pages : 355
Get Book Here
Book Description
This report is the ninth edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 59 advanced and emerging economies.
