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

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2015

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

Vendor supplied data

Other Format:

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

Publisher Number:

CRS-2015-GVF-0591

Access Restriction:

Restricted for use by site license