Corporate Income Taxes and the Cost of Capital: A Correction -
F Modigliani, MH Miller - American Economic Review, 1963 - JSTOR
... next issue is to be an equity one, the cut-off is ... financed if the firm makes any
use of debt capital--and most firms do, not only for the tax savings, but ...

[PDF] Capital Gains Tax Policy Toward Entrepreneurship -
JM Poterba - National Tax Journal, 1989 - ntj.tax.org
... An across-the- viduals amounted to 24.9 percent of the board capital gains tax
cut is therefore a initial capital for technology-based firms. ...

Start-ups, venture capitalists, and the capital gains tax -
C Keuschnigg, SB Nielsen - Journal of Public Economics, 2004 - Elsevier
... Poterba emphasized that a cut in the capital gains tax mainly encourages entrepreneurs
to start a firm and, thereby, increases the demand for funds, while it ...

Measuring Permanent Responses to Capital-Gains Tax Changes in Panel Data -
LE Burman, WC Randolph - American Economic Review, 1994 - JSTOR
... The issue has received attention in part because, if realizations of capital gains
are responsive enough, the tax rate on capital gains could be cut at no cost ...

Increasing the capital income tax may lead to faster growth -
H Uhlig, N Yanagawa - European Economic Review, 1996 - Elsevier
... is much less clear cut than one would wish it to be. Examining the capital gains
realizations elasticities with respect to the capital gains tax, Burman and ...

The Savers-Spenders Theory Of Fiscal Policy -
NG MANKIW - papers.ssrn.com
... Their higher saving continues until the marginal product of capital driven back
down to their rate of time preference. Hence, the debt-financed tax cut ...

The Bush Tax Cut and National Saving -
AJ AUERBACH - NBER Working Paper, 2002 - papers.ssrn.com
... tax cut reduces capital formation in the long run. ... In the first simulation, k10ca,
a 10-year tax cut with the capital income tax serving as the residual ...

[BOOK] The Labyrinth of Capital Gains Tax Policy: A Guide for the Perplexed -
L Burman - 1999 - books.google.com
... A cut in the capital gains tax increases jobs and helps just about everyone in our
country." 1 To President Bush and other advocates of the cut, the issue was ...

Capital Mobility, Trade, and the Domestic Politics of Economic Policy -
G Garrett - International Organization, 1995 - JSTOR
... The more governments tax income derived from investment ... are few restrictions on
cross-border capital flows, this ... should induce govern- ments to cut capital taxes ...

Capital Structure Puzzle -
SC MYERS - NBER Working Paper, 1984 - papers.ssrn.com
... For example, if AN could be cut to $0.5 million, the ... costs of equity issues and
noting the favorable tax treatment of capital gains relative to ...