Taxes, Loans and Inflation - How the Nation's Wealth Becomes Misallocated (Paperback)


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.

R819

Or split into 4x interest-free payments of 25% on orders over R50
Learn more

Discovery Miles8190
Mobicred@R77pm x 12* Mobicred Info
Free Delivery
Delivery AdviceShips in 10 - 15 working days


Toggle WishListAdd to wish list
Review this Item

Product 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.

Customer Reviews

No reviews or ratings yet - be the first to create one!

Product Details

General

Imprint

Brookings Institution Press

Country of origin

United States

Release date

May 1985

Availability

Expected to ship within 10 - 15 working days

First published

May 1985

Authors

Dimensions

229 x 152 x 14mm (L x W x T)

Format

Paperback

Pages

230

ISBN-13

978-0-8157-8133-2

Barcode

9780815781332

Categories

LSN

0-8157-8133-4



Trending On Loot