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Viewpoint – Reagan Tax Reform Inhibits Public Debt
Author(s) -
Giglio Joseph M.
Publication year - 1985
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1985.tb05651.x
Subject(s) - tax credit , debt , tax reform , finance , business , investment (military) , public finance , service (business) , economics , economic policy , public economics , political science , macroeconomics , law , politics , marketing
This article discusses the impact of President Reagan's tax proposals, which were released to the US Congress on May 28, 1985, on the ability of state and local governments to finance needed infrastructure improvements at reasonable cost. Topics covered include: accelerated cost recovery system, investment tax credit, tax‐exempt financing, and long‐term service contracts for tax‐exempt facilities.