Elucidate congress is considering reinstating a 10, Ask an Expert

Economics

Investment tax credits

I'm looking a impacts from investment tax credits and need an explanation of impact for a-i below.

Let's say I'm a lobbyist and I find out Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy. The bill would apply to purchases of all new capital equipment, so, it would increase the budget deficit by $100 billion per year on a static basis (i.e., before considering any feedback attempts). As a lobbyist for each of these companies, what position should I take and why? (a) General Motors, (b) Disney, (c) Exxon Mobil, (d) Georgia Pacific, (e) Citigroup, (f) Toyota, (g) Merck, (h) Capital One (subprime consumer loans), (i) Toll Brothers Builders.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9214277

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