Abstract
This article discusses the impact of President Reagan's tax proposals, which were released to the US Congress on May 28, 1985, on the ability of state and local governments to finance needed infrastructure improvements at reasonable cost. Topics covered include: accelerated cost recovery system, investment tax credit, tax‐exempt financing, and long‐term service contracts for tax‐exempt facilities.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
