Thesis (Ph. D.)--Georgia State University, 2006. / Ernest R. Larkins, committee chair; Fred A. Jacobs, Detmar W. Straub , Sally Wallace, committee members. Electronic text (100 p.) : digital, PDF file. Description based on contents viewed Aug. 9, 2007. Includes bibliographical references (p. 78-85).

The Inflation Reduction Act of 2022 was signed into law by President Biden on Aug. 16. Interestingly, this Act began its journey into becoming law under a completely different name and year. The Act was originally introduced to the House of Representatives in Septembers 2021 as the Build Back Better bill.

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Tax credits are very popular and the support for them is very high, but do they actually succeed in having their intended effect? In this thesis I explore if the Swedish tax credit on charitable giving, which was in effect between the years 2012 and 2015, influenced charitable giving. The Swedish tax credit meant that you could deduct 25% of the amount donated if the organization was approved by the Swedish Tax Agency. This is done using a difference-in- difference method, comparing donations to the organizations which got approved by the Swedish Tax Agency and the organizations which did not. I find no evidence that the tax credit on charitable giving influenced charitable giving in Sweden, but because of the large confidence interval it is difficult to interpret the actual size of the tax credit. The tax credit could have an effect on charitable giving, but this thesis could not find it.

Business corporate executives in the State of Virginia were surveyed for their viewed importance of the investment tax credit and the accelerated cost recovery system on their decision making for new equipment. The executives were divided into groups based upon the reported amount of expected future unused capacity of their firms. The statistical analysis of the groups indicates that decision makers operating relatively close to full output capacity view investment tax incentives as more important than do all others. Consistent with much of the past research, the findings of this study show that the impact of tax incentives on decision making is only modest. However, the-findings also indicate that the viewed importance of investment tax incentives by decision makers is lowest during the period of an economic recession. This suggests that public policy decision makers currently are using investment tax incentives during a period when they will have the least impact. / Ph. D.

The purpose of this study is to shed more light on whether the investment tax credit is effective in stimulating capital investment. The sample includes 104 local cooperatives. The majority of the data was collected from the files of the St. Paul, Minnesota, Bank for Cooperatives. The study has a single purpose of determining whether the changes to the Internal Revenue Code in the Revenue Tax Act of 1978 had an effect on the capital expenditure levels of farm supply cooperatives. In 1978 the investment tax credit became fully available to cooperatives. Previous abatement rules were abolished, and unused credit was then passed through in full to the cooperative membership. The research model employed is a pooled time-series and cross-sectional approach, and includes data for years 1975 through 1983. In addition to capital expenditure data, the company-specific variables are debt/asset ratio, local margin, and net margin. Economic variables are a net interest-inflation rate factor, cash receipts from farming, and loan volume of banks for cooperatives. Also included are dummy variables 0 and 1, trend variables 1-9, and interaction variables for all the main-effects variables.

The federal Low Income Housing Tax Credit (LIHTC) program, authorized in 1986, has gained recognition over the last decade as America's largest place-based subsidized housing production program. The Qualified Census Tract (QCT) provision of the LIHTC program awards developers for projects built in high-poverty neighborhoods. This research examines whether the QCT provision is deconcentrating poverty or instead perpetuating it by comparing QCTs with LIHTC projects against QCTs with no LIHTC projects. In this study, a socioeconomic index is created to examine changes in socioeconomic variables (poverty, income, unemployment, and education) using 1990 Decennial Census data and 2005-2009 American Community Survey data for the twenty most populated MSAs in the United States to determine how LIHTC projects have changed the landscape of poverty in urban QCTs. Control and target groups were established to analyze the impact of LIHTC projects in QCTs. The control group consists of QCTs with no LIHTC projects and the target group contains QCTs with LIHTC projects. In order to determine how the socioeconomic variables have changed over the last fifteen years, the percent change from 1990 to 2005-2009 was calculated for each tract. Independent Sample T-tests were conducted at the national level, MSA level, and county level (when the sample size was large enough) using SPSS to determine if the difference in the target group's derived socioeconomic index and variables were significantly different from the control group. The findings indicate the target groups overwhelmingly outperformed the control groups for the socioeconomic index and every variable except unemployment. The results of this study may be valuable for policymakers to develop thresholds and guidelines for future LIHTC development in areas concentrated by poverty. / by Rebecca J. Walter. / Thesis (Ph.D.)--Florida Atlantic University, 2012. / Includes bibliography. / Electronic reproduction. Boca Raton, Fla., 2012. Mode of access: World Wide Web.

The Low Income Housing Tax Credit Program is the primary federal program for producing new units of affordable housing. The program provides financial incentives to private developers to develop and operate affordable rental housing. In recent years, evidence has emerged that the program has led to clusters of subsidized housing in some cities. It is hardly surprising that some clustering would exist in a program in which the housing is constructed and owned by private developers. Despite the significant number of units produced by the program and despite the potential tendency for clustering of units built under this program, the locational patterns within the LIHTC program remain largely unexamined. Instead, most studies of the LIHTC program have focused on the national level rather than on individual cities. In contrast to previous studies, this study seeks to improve our understanding of variations in the LIHTC program across cities. The hypothesis of this study is that, because private developers produce housing in the LIHTC program and because the factors that influence private developers vary across cities, there is likely to be significant variation in the locational patterns of LIHTC developments across cities. The results of this study show, among other things, that clustering of LIHTC properties exists in the study cities, this clustering is extreme in some cases, and the clusters are associated with high poverty tracts in some cities. Given the LIHTC program's emphasis on market-driven policies and a similar emphasis in some other federal housing programs, such findings will likely be applicable to other affordable housing programs.

Public and private actors have suggested using the community land trust (CLT) model as a remedy for a number of housing related issues. This is based primarily upon the documented successes of CLT homeownership programs. Some caution that the growth of CLTs and the increased use of the CLT model beyond homeownership may stretch organizations beyond their capacity or force them to consider how to provide stewardship and community control. The Low-Income Housing Tax Credit (LIHTC) has been used by a handful of CLTs and there are reasons to believe that more CLTs may utilize it in the future. This thesis explores the opportunities and challenges that using LIHTC may present for CLTs through case studies with two different types of organizations--a grassroots CLT in Athens, GA and a nonprofit housing developer with a CLT program in Park City, UT--that have used it as a funding source.

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