1. Tax-Exempt Financing.
- Author
-
O'HARA, MAUREEN
- Subjects
SUBSIDIES ,PUBLIC spending ,FEDERAL land banks ,TAX exemption ,BANKING industry - Abstract
This article investigates several issues related to tax-exempt financing. The author examines the effectiveness of one of the first major tax-exempt financed programs in the U.S., the Federal Farm Land Bank system, to answer various questions about tax-exempt financing. The authors explores whether this type of financing is better suited for particular sectors, if it can be structured to help the intended sector without imposing burdens on others and if it makes financial sense to control the capital markets for a specific special interest.
- Published
- 1983
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