Fillable Disincentives for Capital Formation - St. Louis Fed - Federal ... - research stlouisfed

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Inflation and Taxes: Disincentives for Capital Formation JOHN A. TATOM and JAMES E. TURLEY tINE of the disappointing features of the current expansion has been the sluggish growth of business investment spending. Businesses appear to be more reluctant to make outlays for purchases of new plant and equipment than was the case in previous periods of economic growth. Since the beginning of the current expansion in...
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