Would A Friend Of Business Float A Tax Plan Like This?

Throughout the Presidential campaign, Bill Clinton promised to help pump up the economy by restoring to business one of its favorite tax breaks, the investment tax credit (ITC). While many executives jumped at the chance to get the on-again, off-again credit back into the tax code, some worried they would end up paying a price for the supposed largess.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.