The Effect of Base-Broadening Measures on Labor Supply and Investment : Considerations for Tax Reform.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Business cycles.

Capital investments.

Fiscal policy.

Investments.

Physical Description:

1 online resource (1 online resource (34 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2015.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Explains how options to broaden the tax base by placing limitations on itemized deductions can potentially work counter to the growth effects of reducing marginal tax rates, primarily through reducing labor supply. Demonstrates how these effects, along with other base-broadening provisions such as slowing depreciation, limit the effects on investment and savings and can eventually reduce the size of the capital stock in the economy. Considers effects on labor supply and capital stock. Includes tables.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2015). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Government Division. Effect of Base-Broadening Measures on Labor Supply and Investment

Access Restriction:

Restricted for use by site license.