Reforma podatkowa w Stanach Zjednoczonych. Jej geneza i możliwe następstwa

Abstract

The tax reform adopted by the US Congress in fall 1986 changes conditions of the functioning of the entire US economy in a tangible way. Tax regulations were simplified through radical cuts in the number of tax reliefs and exemptions with a simultaneous lowering of rates of tax on personal incomes and corporation profits. Moreover, there were introduced new, sharpened norms of deductions for the amortization fund. This “modified linear tax” should pave the way for more rational allocation of resources and which seems improbable at the first glance it restores a certain scope of progressiveness to the US fiscal system. As regards possible consequences of the reform there is a great deal of uncertainty the author attempts to list some of its consequences among others for processes of changes in economic structure, operation of financial markets, federal budget, as well as for situation in the intenational capital market.