MARC Record from Library of Congress

LEADER: 02098cam a22003017a 4500
001 2008610965
003 DLC
005 20080814092153.0
007 cr |||||||||||
008 080723s2008 mau sb 000 0 eng
010 $a 2008610965
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aDesai, Mihir A.$q(Mihir Arvind),$d1968-
245 10 $aInvestable tax credits$h[electronic resource] :$bthe case of the low income housing tax credit /$cMihir A. Desai, Dhammika Dharmapala, Monica Singhal.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2008.
490 1 $aNBER working paper series ;$vworking paper 14149
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 7/23/2008.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"The Low Income Housing Tax Credit (LIHTC) represents a novel tax expenditure program that employs "investable" tax credits to spur production of low-income rental housing. While it has grown into the largest source of new affordable housing in the U.S. and its structure is now being replicated in other programs, the LIHTC has also drawn skepticism and calls for its repeal. This paper outlines a conceptual framework for exploring the conditions under which investable tax credits may be the most effective mechanism to deliver a production subsidy and discusses the desirability of employing investable tax credits in other policy domains. Estimates of tax expenditures under this program are provided and efficiency costs, distributional issues, and the likely effects of reforms to tax provisions such as the AMT are considered"--National Bureau of Economic Research web site.
700 1 $aDharmapala, Dhammika$q(Anurudha Udeni Dhammika)
700 1 $aSinghal, Monica.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 14149.
856 40 $uhttp://papers.nber.org/papers/w14149