Abstract Historically, Congress and various administrations have utilized tax policies designed, in part, to influence investment as an attempt to stimulate the economy. Many of these tax measures can be classified as "supply-side" measures. However, the efficacy of such policies is questionable. This article presents the results of a mail questionnaire survey of Fortune 1000 firms. The survey attempts to assess the impact and importance of various tax provisions on the firms' decisions to acquire fixed assets. The results indicate that the respondents perceive these provisions to have a very small overall effect on stimulating their firms' investments in fixed assets.
Thomas M. Porcano (Sat,) studied this question.