Corporation Income Tax Policy

Author

Dee D. Sturges

Publication Date

6-4-1948

Abstract

Randolph E. Paul's recent book, Taxation for Prosperity, more nearly coincides with the purpose of this study. The historical approach is used, and an attempt is made to formulate a more or less consistent policy for the immediate future. It covers the subject of federal taxation with emphasis on income taxes, but both the individual and corporation income tax are considered together with estate and trust taxes. In view of the proposal now before Congress to integrate the latter with the former taxes, this comprehensive treatment has merit.

However, this study is limited in scope and further differs from that of Mr. Paul in its attempted objectivity. Whereas the previous studies mentioned reflect the candid views of the authors, an attempt is here made to present the facts and to indicate apparent trends in current tax policy regardless of any personal views as to the desirability of such trends. The formulation of an ideal tax system might conceivably lead, for example, to total exemption of corporations or to a confiscatory tax on them. But such conclusions might not have much in common with policies likely to be followed in the foreseeable future.

Degree Name

Economics

Level of Degree

Masters

Department Name

Department of Economics

First Committee Member (Chair)

Mervyn Crobaugh

Second Committee Member

John W. Dunbar

Third Committee Member

Vernon G. Sorrell

Language

English

Document Type

Thesis

Comments

Legacy degree: Master of Arts in Economics and Business Administration

Recommended Citation

Sturges, Dee D.. "Corporation Income Tax Policy." (1948). https://digitalrepository.unm.edu/econ_etds/84