Investment, Equipment Prices, and Income Tax
作者:
John E. Ullmann,
期刊:
The Engineering Economist
(Taylor Available online 1960)
卷期:
Volume 5,
issue 3
页码: 1-21
ISSN:0013-791X
年代: 1960
DOI:10.1080/001379X6008546901
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
High income-tax rates and an increasing price level, prominent among the economic developments of the last 20 years, have long been strongly criticized in business circles. They are considered major deterrents to investment, acting as brakes on the growth of the economy. Demands for lower tax rates, and for a halt to price escalation (usually called inflation), are constant topics in the business press, in public addresses by high company officials,1in presentations for the justification of price or rate increases before regulatory commissions, and in institutional advertising designed for the general public.
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