Tropical Gothic in Literature and Culture: The Americas (Routledge Interdisciplinary Perspectives on Literature)

Description

This highly-acclaimed text explains the conceptual basis of federal income taxation. It is designed to help students quickly pull together the entire subject for end-of-semester review and provide perspective about where a topic fits within the federal income tax scheme. While focusing on the present income tax, the text provides an explanation of the often-discussed consumption tax and contrasts the two taxes in a note at the end of the volume. The new edition reflects developments since the fourteenth edition, including the promulgation of regulations interpreting major provisions of the
. It also features new or expanded discussions of several topics, including: possible legislative reconsideration of the realization requirement (in the context of ※billionaires＊ tax§ proposals); the long-term shift from deductions to credits in the design of nonbusiness tax expenditures, and the new and used electric car credits introduced by the
.