Search Results

Tax Reform and Investment: How Big an Impact? - Review

Steven M. Fazzari analyzes several major changes in the tax system that affect corporate capital spending incentives. Fazzari considers how investment tax credits, tax depreciation schedules, and the corporate tax rate affect the after-tax cost of capital for a variety of asset classes.

research.stlouisfed.org/.../review/1987/01/01/tax-reform-and-investment-how-big-an-impact/

Tax Reform and Investment: Blessing or Curse? - Review

Steven M. Fazzari analyzes the effect of recent changes in corporate and personal taxation on the economic efficiency of the U.S. capital stock. Because investment imposes costs on the economy as well as generates benefits, Fazzari shows that investment reductions caused by tax reform are not necessarily bad for the economy.

research.stlouisfed.org/.../review/1987/06/01/tax-reform-and-investment-blessing-or-curse/