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Occasional Paper 40
Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130
The Treasury Department's tax reform proposals in 1985 should be opposed because they would 1) reduce incentives for new investment; 2) reduce venture capital for high-tech and other enterprises; 3) raise the tax burden on small businesses; 4) would create uncertainty for investors regarding future tax rules; 5) reduce economic growth; and 6) weaken the financial position of states and of private non-profit institutions.
Tax Reform, Tax Loopholes
Economics | Public Policy
Weidenbaum, Murray L., "The Case Against Tax Reform in 1985", Occasional Paper 40, 1985, doi:10.7936/K7MK6B20.
Murray Weidenbaum Publications, http://openscholarship.wustl.edu/mlw_papers/93.