The Effects of Taxation on Capital Accumulation

The Effects of Taxation on Capital Accumulation PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241785
Category : Business & Economics
Languages : en
Pages : 501

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Book Description
Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.

The Effects of Taxation on Capital Accumulation

The Effects of Taxation on Capital Accumulation PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241785
Category : Business & Economics
Languages : en
Pages : 501

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Book Description
Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.

Taxes and Capital Formation

Taxes and Capital Formation PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241858
Category : Business & Economics
Languages : en
Pages : 134

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Book Description
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.

Effects of Taxation on Capital Accumulation, The. A National Bureau of Economic Research Project Report

Effects of Taxation on Capital Accumulation, The. A National Bureau of Economic Research Project Report PDF Author: Martin Feldstein
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Capital Taxation

Capital Taxation PDF Author: Martin S. Feldstein
Publisher: Harvard University Press
ISBN: 9780674094826
Category : Business & Economics
Languages : en
Pages : 506

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Book Description
Feldstein shows how systems of taxation influence the rate and nature of capital formation--key to the development of any economy. His identification of important economic and policy questions, adroit use of modeling and new data, and careful attention to dynamics make this book a powerful addition to the literature.

Tax policy and capital formation

Tax policy and capital formation PDF Author: United States. Congress. Joint Committee on Taxation
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 56

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Book Description


Taxation and the Deficit Economy

Taxation and the Deficit Economy PDF Author: Dwight R. Lee
Publisher: Pacific Studies in Public Poli
ISBN:
Category : Business & Economics
Languages : en
Pages : 592

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Book Description
This texts contains essays written by economists who review the effects of past government actions & reforms needed to avoid long term economic stagnation. Topics discussed include social security, the military industrial complex, & private vs. political entrpreneurship. Generally, the topics include such topics as the economic effects of taxation, spending, deficits, & other forms of hidden taxation, & taxation & individual rights.

The Role of Federal Tax Policy in Stimulating Capital Formation and Economic Growth

The Role of Federal Tax Policy in Stimulating Capital Formation and Economic Growth PDF Author: United States. Congress. Joint Economic Committee. Subcommittee on Economic Growth and Stabilization
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 288

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Book Description


Growth Effects of Income and Consumption Taxes

Growth Effects of Income and Consumption Taxes PDF Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 1451848234
Category : Business & Economics
Languages : en
Pages : 38

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Book Description
The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and physical capital. The different channels through which these taxes affect economic growth are discussed, and it is shown that in general the taxation of factor incomes (human and physical capital) is growth-reducing. The effects of consumption taxation on growth depend crucially on the elasticity of labor supply, and therefore on the specification of the leisure activity. The paper also derives some implications for the optimal intertemporal choice of tax instruments.

Taxation

Taxation PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 96

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Book Description


Taxation and Endogenous Growth in Open Economies

Taxation and Endogenous Growth in Open Economies PDF Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 145184994X
Category : Business & Economics
Languages : en
Pages : 37

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Book Description
This paper examines the effects of taxation of human capital, physical capital and foreign assets in a multi-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human capital) income. When the government faces no borrowing constraints and is able to commit to a given set of present and future taxes, it is shown that the optimal tax plan involves high taxation of both capital and labor in the short run. This allows the government to accumulate sufficient assets to finance spending without any recourse to distortionary taxation in the long run. When restrictions to government borrowing and lending are imposed, the model implies that human and physical capital should be taxed similarly.