Taxes, loans, and inflation : how the nation's wealth becomes misallocated

Bibliographic Information

Taxes, loans, and inflation : how the nation's wealth becomes misallocated

C. Eugene Steuerle

(Studies of government finance : Second series)

Brookings Institution, c1985

  • : pbk

Available at  / 43 libraries

Search this Book/Journal

Note

Includes bibliographies and index

Description and Table of Contents

Volume

: pbk ISBN 9780815781332

Description

Income from capital receives uneven treatment in both the tax system and the loan markets. This affects almost every investment decision make by the individuals, business, and government and causes major disruptions in the economy. In this book C. Eugene Steuerle shows how the misallocation of capital results from the interaction of tax laws, the operation of the market for loanable funds, and inflation. He first analyzes the taxation of capital income, focusing on the distortions caused by tax arbitrage and on inflation-induced discriminations among both taxpayer and borrowers. The author then applies this analysis to several related issues. He concludes with a reform agenda that calls for the adoption of a broader-based, flatter-rate income tax.
Volume

ISBN 9780815781349

Description

Income from capital receives uneven treatment in both the tax system and the loan markets. This affects almost every investment decision make by the individuals, business, and government and causes major disruptions in the economy. In this book C. Eugene Steuerle shows how the misallocation of capital results from the interaction of tax laws, the operation of the market for loanable funds, and inflation. He first analyzes the taxation of capital income, focusing on the distortions caused by tax arbitrage and on inflation-induced discriminations among both taxpayer and borrowers. The author then applies this analysis to several related issues. He concludes with a reform agenda that calls for the adoption of a broader-based, flatter-rate income tax.

by "Nielsen BookData"

Related Books: 1-1 of 1

Details

Page Top