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Taxes and Industrial Structure.

Authors :
Temin, Peter
Source :
Business History; Oct2019, Vol. 61 Issue 7, p1144-1157, 14p, 1 Graph
Publication Year :
2019

Abstract

Microeconomics assumes that business firms respond to changing costs and prices. Taxes impose costs of businesses, and tax breaks help industries grow. This paper discusses the dynamics of government actions, drawing on the end of the Bell System in the 1970s, and then reviews the history of tax breaks to a variety of large industries, from the oil industry to finance and real estate. It closes by placing the whole discussion in the framework of corruption as it should be defined, not as the Supreme Court defines it now. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00076791
Volume :
61
Issue :
7
Database :
Complementary Index
Journal :
Business History
Publication Type :
Academic Journal
Accession number :
138371158
Full Text :
https://doi.org/10.1080/00076791.2018.1519550