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Section 169 of the Internal Revenue Code: An Income Tax Subsidy for the Control of Pollution

Abstract

The Internal Revenue Code provision allowing a taxpayer to amortize the cost of a certified pollution control facility is analyzed both as to its tax and environmental aspects. The authors detail the inconsistencies and shortcomings of the section and explore the feasibility and efficacy of providing direct grants instead of tax subsidies.

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14 Ariz. L. Rev. 65 (1972)

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