Suppose Congress changed the lax laws in a way that (1) permitted equipment to be de ciated over a shorter period, (2) lowered corporate tax rates, and (3) reinstated the in ment tax credit. Discuss how each of these changes would affect the relative use of lea: versus conventional debt in the U.S. economy.
Fundamentals of Financial Manageme...
Fundamentals of Financial Manageme...
Suppose Congress changed the lax laws in a way that (1) permitted equipment to be de ciated over a shorter period, (2) lowered corporate tax rates, and (3) reinstated the in ment tax credit. Discuss how each of these changes would affect the relative use of lea: versus conventional debt in the U.S. economy.
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