Entrepreneurs, income taxes, and investment:
This paper investigates the effect of entrepreneurs' personal income tax situations on their capital investment decisions. We examine the income tax returns of a sample of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax r...
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Cambridge, Mass.
1998
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
6374 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper investigates the effect of entrepreneurs' personal income tax situations on their capital investment decisions. We examine the income tax returns of a sample of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates for the relatively affluent associated with that law affected their decisions to invest in physical capital. We find that individual income taxes exert a statistically and quantitatively significant influence on investment decisions. In our sample increase in marginal tax rates would reduce the proportion of entrepreneurs who make new capital investments by 10.4 percent, and decrease mean investment expenditures by 9.9 percent. |
| Physical Description: | 27, 2, 4 S. graph. Darst. |
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| geographic | USA |
| geographic_facet | USA |
| id | DE-604.BV011898820 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:18:12Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-008040362 |
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| owner | DE-19 DE-BY-UBM DE-521 |
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| physical | 27, 2, 4 S. graph. Darst. |
| publishDate | 1998 |
| publishDateSearch | 1998 |
| publishDateSort | 1998 |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Entrepreneurs, income taxes, and investment Robert Carroll ... Cambridge, Mass. 1998 27, 2, 4 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6374 This paper investigates the effect of entrepreneurs' personal income tax situations on their capital investment decisions. We examine the income tax returns of a sample of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates for the relatively affluent associated with that law affected their decisions to invest in physical capital. We find that individual income taxes exert a statistically and quantitatively significant influence on investment decisions. In our sample increase in marginal tax rates would reduce the proportion of entrepreneurs who make new capital investments by 10.4 percent, and decrease mean investment expenditures by 9.9 percent. Chefs d'entreprise - Impôt - Aspect économique - États-Unis ram Entreprises individuelles - Aspect économique - États-Unis ram Impôt sur le revenu - Aspect économique - États-Unis ram Investissement de capitaux - Aspect économique - États-Unis ram Steuer Businesspeople Taxation Economic aspects United States Capital investments Economic aspects United States Income tax Economic aspects United States Sole proprietorship Economic aspects United States USA Carroll, Robert Sonstige oth Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6374 (DE-604)BV002801238 6374 http://papers.nber.org/papers/w6374.pdf kostenfrei Volltext |
| spellingShingle | Entrepreneurs, income taxes, and investment National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Chefs d'entreprise - Impôt - Aspect économique - États-Unis ram Entreprises individuelles - Aspect économique - États-Unis ram Impôt sur le revenu - Aspect économique - États-Unis ram Investissement de capitaux - Aspect économique - États-Unis ram Steuer Businesspeople Taxation Economic aspects United States Capital investments Economic aspects United States Income tax Economic aspects United States Sole proprietorship Economic aspects United States |
| title | Entrepreneurs, income taxes, and investment |
| title_auth | Entrepreneurs, income taxes, and investment |
| title_exact_search | Entrepreneurs, income taxes, and investment |
| title_full | Entrepreneurs, income taxes, and investment Robert Carroll ... |
| title_fullStr | Entrepreneurs, income taxes, and investment Robert Carroll ... |
| title_full_unstemmed | Entrepreneurs, income taxes, and investment Robert Carroll ... |
| title_short | Entrepreneurs, income taxes, and investment |
| title_sort | entrepreneurs income taxes and investment |
| topic | Chefs d'entreprise - Impôt - Aspect économique - États-Unis ram Entreprises individuelles - Aspect économique - États-Unis ram Impôt sur le revenu - Aspect économique - États-Unis ram Investissement de capitaux - Aspect économique - États-Unis ram Steuer Businesspeople Taxation Economic aspects United States Capital investments Economic aspects United States Income tax Economic aspects United States Sole proprietorship Economic aspects United States |
| topic_facet | Chefs d'entreprise - Impôt - Aspect économique - États-Unis Entreprises individuelles - Aspect économique - États-Unis Impôt sur le revenu - Aspect économique - États-Unis Investissement de capitaux - Aspect économique - États-Unis Steuer Businesspeople Taxation Economic aspects United States Capital investments Economic aspects United States Income tax Economic aspects United States Sole proprietorship Economic aspects United States USA |
| url | http://papers.nber.org/papers/w6374.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT carrollrobert entrepreneursincometaxesandinvestment |