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Reinstating investment tax credit to stimulate economy

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Reference no: EM131737278

Question: Assume 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). Explain why you would advocate or oppose this bill as a lobbyist for

(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.

Reference no: EM131737278

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