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Tax Policy and Savings and Loan Crisis
Research Paper # 21057
Tax Policy and Savings and Loan Crisis
An examination of the negative economic impact of double-dipping (federal policy allowing S and Ls to deduct losses which were reimbursed tax-free by the government). Includes the Economic Recovery Tax Act of 1981, reform and retroactivity.
3,375 words (approx. 13.5 pages) |
20 sources |
1994
From the Paper:
"The Savings and Loan Crisis and Double DippingThis paper will discuss federal tax policy as it affected the savings and loan crisis during the late 1980s and early 1990s. Specifically, the paper will examine the problem of "double dipping," whereby savings and loan institutions were allowed to deduct losses which were reimbursed, tax free, by the Federal Savings and Loan Insurance Corporation ("FSLIC"). The first part of the paper will discuss the origins of the crisis and provide an overview of the tax treatment of the losses. The second part of the paper will examine in more detail the special provisions of the Economic Recovery Tax Act of 1981. The third part of the paper will discuss some of the legislative responses to double dipping since the 1981 Act. The fourth part of the paper will examine the issue of the retroactivity of the..."
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Cite this paper
APA Citation:
Tax Policy and Savings and Loan Crisis (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Research-Paper-Tax-Policy-and-Savings-and-Loan-Crisis/21057
MLA Citation:
"Tax Policy and Savings and Loan Crisis" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Research-Paper-Tax-Policy-and-Savings-and-Loan-Crisis/21057>
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