Tax Policy Simulator
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Corporate income tax
Investment tax credit on equipment and structure
Investment tax credit on research and development
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Change in rate (percentage points)
p.p.
Change in rate (percentage points)
p.p.
Change in rate (percentage points)
p.p.
Capital's factor share in production - E&S
%
Capital's factor share in production - R&D
%
Price Elasticity of demand for output
Elasticity of substitution between Capital and other factors of production, E&S
Elasticity of substitution between Capital and other factors of production, R&D
Slope of the Tax Reaction Function - CIT
Slope of the Tax Reaction Function - ITC on E&S
Slope of the Tax Reaction Function - ITC on R&D
Multiplier effect on output
Predicted Effects
User Cost — Equipment and Structures:
User Cost — Research and Development:
Equipment and Structures Capital Stock:
Research and Development Capital Stock:
Real State Output (GDP):
User Cost — Equipment and Structures:
Equipment and Structures Capital Stock:
Real State Output (GDP):
User Cost — Research and Development:
Research and Development Capital Stock:
Real State Output (GDP):