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Investment Tax Credits

I'm looking a impacts from investment tax credits and need an explanation of impact for a-i below.

Let's say I'm a lobbyist and I find out Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy. The bill would apply to purchases of all new capital equipment, so, it would increase the budget deficit by $100 billion per year on a static basis (i.e., before considering any feedback attempts). As a lobbyist for each of these companies, what position should I take and why? (a) General Motors, (b) Disney, (c) Exxon Mobil, (d) Georgia Pacific, (e) Citigroup, (f) Toyota, (g) Merck, (h) Capital One (subprime consumer loans), (i) Toll Brothers Builders.

Solution Summary

This solution defines and summarize investment tax credits.for General Motors, Disney, Exxon Mobil, Georgia Pacific, Citigroup, Toyota, Merck, Capital One, and Toll Brothers Builders.

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