This important contribution to tax analysis presents seven related
theoretical essays that examine the effects of capital income
taxation on the behavior of firms. It is divided into three
sections, focusing on optimal tax design, firm financial policy,
and inflation. Taken together, the essays demonstrate the powerful
role taxes play in shaping the behavior of American corporations,
and also provide insights into the difficult task of tax reform.
Auerbach's results suggest policies the government might adopt
to promote the optimal accumulation of capital. He examines the
implications for capital taxation of discrepancies between nominal
depreciation rates and real economic depreciation, and suggests
appropriate rules of thumb for determining when capital taxation is
neutral among alternative investment projects. He also makes
important contributions to the debate over the integration of
corporate and personal taxes on capital income and to the
behavioral puzzle of why corporations pay dividends to their
shareholders.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!