منابع مشابه
Death , Taxes , and Imperfect Software : Surviving the Inevitable 1
A security system is only as strong as its weakest link. This observation lead to security architectures that use a small trusted computing base (TCB) to minimize the number of “links” in the system. A small TCB both reduces the chance of a bug occurring by reducing the volume of software that may contain a bug, and also makes formal verification of the correctness of the TCB feasible. Unfortun...
متن کاملDeath, Taxes, and Imperfect Software: Surviving the Inevitable
A security system is only as strong as its weakest link. This observation lead to security architectures that use a small trusted computing base (TCB) to minimize the number of “links” in the system. A small TCB both reduces the chance of a bug occurring by reducing the volume of software that may contain a bug, and also makes formal verification of the correctness of the TCB feasible. Unfortun...
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I investigate how the capital structure of firms is affected by uncertainty about the legal outcomes of corporate tax law. I create a simple model in which firms choose to either avoid taxes aggressively or conservatively, based on enforcement of laws and uncertainty about outcomes of the legal process. This theory shows under which conditions firms will avoid conservatively by using debt tax s...
متن کاملDeath and taxes.
Tax incentives can provide a large financial impetus to change behavior. Current U.S. law establishes a substantial discontinuity in the amount of estate tax that many patients will have to pay in 2010: During this year only, the tax rate drops to zero. This article discusses concerns regarding the sharp change in tax rate and the incentives it creates for persons who are nearing the end of lif...
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Public finance experts have long explored the issue of income taxes making the cost of market transactions higher than nonmarket ones. A 50 percent income tax, for example, requires $20,000 in income to purchase $10,000 of market goods. The tax can be avoided, however, if the same goods can be produced at home. The upshot is that income taxes encourage the home production of goods and services ...
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ژورنال
عنوان ژورنال: Cell Metabolism
سال: 2016
ISSN: 1550-4131
DOI: 10.1016/j.cmet.2016.06.003