Tax Reform Act of 1986: Deficit reduction and capital formationU.S. Government Printing Office, 1986 |
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Pagina 20
... budget deficit widens continuously . Money supply growth is initially over 7 % , then declines to a 5 % rate . The baseline simulation does not represent a forecast . It is an analytical construct that serves only as a basis for ...
... budget deficit widens continuously . Money supply growth is initially over 7 % , then declines to a 5 % rate . The baseline simulation does not represent a forecast . It is an analytical construct that serves only as a basis for ...
Pagina 28
... budget deficit and to adopt a complementary easing of monetary policy . But deficit re- ductions cannot be accomplished through expenditure cuts alone . Tax increases are needed as well . It is necessary , therefore , to deal in a ...
... budget deficit and to adopt a complementary easing of monetary policy . But deficit re- ductions cannot be accomplished through expenditure cuts alone . Tax increases are needed as well . It is necessary , therefore , to deal in a ...
Pagina 32
... to deal with both domestic capital formation and international competitiveness is to reduce the size of the $ 190 to $ 200 billion annual federal budget deficits and to 2 defici adopt a complementary easing of monetary policy . 32.
... to deal with both domestic capital formation and international competitiveness is to reduce the size of the $ 190 to $ 200 billion annual federal budget deficits and to 2 defici adopt a complementary easing of monetary policy . 32.
Pagina 33
... government continues to run large budget deficits at the same time as households and corporations continue to generate low rates of private saving , the long - run prospects for economic growth and productivity will be greatly In a word ...
... government continues to run large budget deficits at the same time as households and corporations continue to generate low rates of private saving , the long - run prospects for economic growth and productivity will be greatly In a word ...
Pagina 34
... budget deficits , international competitiveness and capital formation . 3 Saving and Investment Flows Any discussion of saving and investment must begin with the observation that the nation adds to its productive stock of capital in ...
... budget deficits , international competitiveness and capital formation . 3 Saving and Investment Flows Any discussion of saving and investment must begin with the observation that the nation adds to its productive stock of capital in ...
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Termeni și expresii frecvente
assets AUERBACH base broadening billion budget deficit business capital stock capital formation capital gains capital income CHAIRMAN Committee corporate tax rate cost of capital current law decline deficit reduction effective tax rates effects of tax efficiency eliminating equipment Federal FELDSTEIN financing GALPER going grandfather clause House bill implementation industries inflation interest rates international competitiveness investment incentives investment tax credit Laurence H leverage financing lower marginal tax marginal tax rates MEYER minimum tax monetary policy national saving offset oil import fee overall percent percentage points private saving proposed rate of capital rate tax reduce the deficit reform and Gramm-Rudman rental price revenue neutral SCHULTZE Senator BENTSEN Senator BRADLEY Senator CHAFEE Senator DURENBERGER Senator HEINZ structures substantially tax base tax burden Tax Code tax incentives tax increase tax policy tax reform tax system tax treatment tax-exempt taxation testimony tion trade deficit Treasury TURE value-added tax