Excerpt from Analysis of Proposals for Depreciation and Investment Tax Credit Revisions, Vol. 1: Overview; Prepared for the Use of the Committee on Ways and Means, U. S. House of Representatives, by the Staff of the Joint Committee on Taxation; May 6, 1981 Part I of the pamphlet is a brief overview of present law relating to depreciation, other forms of capital cost recovery, and the investment tax credit. Part II 15 a brief summary of the Administration's proposal (in H. R. 2400) and the principal alternatives to it. Part III presents an economic analysis of various methods of capital cost recovery. The Appendix is a comparison of depreciation and other investment incentives in selected foreign countries. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.