Taxes, Loans and Inflation: How the Nation's Wealth Becomes Misallocated

Front Cover
Brookings Institution Press, Dec 1, 2010 - Political Science - 230 pages
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.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

I
1
II
2
III
4
IV
6
V
7
VI
9
VII
13
VIII
18
XXXII
101
XXXIII
106
XXXIV
113
XXXV
115
XXXVI
116
XXXVII
119
XXXVIII
124
XXXIX
125

IX
25
X
28
XI
35
XII
41
XIII
46
XIV
48
XV
53
XVI
55
XVII
57
XVIII
58
XIX
59
XX
61
XXI
67
XXII
70
XXIII
77
XXIV
81
XXV
83
XXVI
85
XXVII
89
XXVIII
90
XXIX
91
XXX
93
XXXI
95
XL
130
XLI
137
XLII
140
XLIII
144
XLIV
146
XLV
151
XLVI
155
XLVII
157
XLVIII
159
XLIX
162
L
166
LI
171
LII
175
LIII
178
LIV
179
LV
181
LVI
182
LVII
184
LVIII
186
LIX
187
LX
189
LXI
201
Copyright

Other editions - View all

Common terms and phrases

Bibliographic information