000			01649nab a2200277 c 4500
999			_c147346 _d147346
003			ES-MaIEF
005			20230424183649.0
007			ta
008			230424t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100			_960722 _aGoodman, Lucas W.
245		0	_aImplications of tax loss asymmetry for owners of S corporations _c by Lucas Goodman, Elena Patel and Molly Saunders-Scott
500			_aResumen.
504			_aBibliografía.
520			_aWe study tax loss asymmetry for S corporate owners. These owners use most losses contemporaneously, reducing the tax asymmetry compared to C corporations. However, these owners face distortions due to the progressive individual tax schedule. The value of this asymmetry is approximately $3.5 billion per year. We find that this asymmetry creates disincentives for risky investment and causes allocative inefficiencies among loss and gains owners. Finally, we simulate the effects of certain provisions of the Tax Cuts and Jobs Act; we estimate that these provisions—especially section 199A—reduce the behavioral distortions of the asymmetry for S corporate owners.
650		4	_943558 _aEMPRESAS FAMILIARES
650		4	_943601 _aEMPRESAS PEQUEÑAS Y MEDIANAS
650		4	_aIMPUESTOS _947460
650		4	_aPERDIDAS _947978
650		4	_933609 _aCOMPENSACION DE PERDIDAS
650		4	_aESTADOS UNIDOS _942888
700			_965969 _aPatel, Elena Spatoulas
700			_964210 _aSaunders Scott, Molly J.
773	0		_9169169 _oOP 2135/2023/1 _tAmerican Economic Journal : Economic Policy _w(IEF)134825 _x 1945-7731 _g v. 15, n. 1, February 2023, p. 342-369
942			_cART