外国财政终极PPT.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * $1741 maximum benefit * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Recap of the Corporation Tax Structure Incidences Effects on Behavior State Taxes Multinational Corporations * * * * * * * * Callouts highlight real, per capital and relative values * * Bar representing US slides along graph from left to right * Callouts showing decline in national defense and increase in social security, Medicare and income security * * * Callouts showing decline in highway spending and increase in public welfare spending * * Brackets showing social insurance and individual taxes more important; corporate and other taxes less important * Brackets showing individual tax more important and property tax less important * * * * 1st click – Adam’s D curve 2nd click – Eve’s D curve 3rd click – sum of Adam and Eve at P = 11 4th click – sum of Adam and Eve at P = 9 5t click – sum of Adam and Eve at P = 7 6th click – sum of Adam and Eve at P = 5 7th click – sum of Adam and Eve at P = 3 8th clck – sum of Adam and Eve at P = 1 9th click - Market Demand curve and dashed horizontal lines disappear 10th click – Market Supply curve * * 1st click – Adam’s D curve 2nd click – Eve’s D curve 3rd click – sum of Adam and Eve at Q = 1 4th click – sum of Adam and Eve at Q = 2 5t click – sum of Adam and Eve at Q = 3 6th click – sum of Adam and Eve at Q = 4 7th click - Market Demand curve and dashed horizontal lines disappear 8th click – Market Supply curve * * * * * * * * * Structure Thus, the presence of depreciation allowances lowers the effective price of acquiring durable assets from $q to $(1-Ψ)q. Tax savings depends on value of T and the function D(n). Tax benefits are more valuable the lower that T is and the more front-loaded