Despite the significant costs of high leverage, tax systems around the world have a built-in debt bias.

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Despite the significant costs of high leverage, tax systems around the world have a built-in debt bias. Why do you think this is?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:00 AM

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Despite the significant costs of high leverage, tax systems around the world have a built-in debt bias.

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The existence of a builtin debt bias in tax systems around the world can be attributed to several factors and its a complex issue influenced by econom...View the full answer

Corporate Finance

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