This “expensing” provision was a favorite of consumption tax theorists, and became part of the stimulus bill because its designers hoped to eventually make expensing full and permanent.

It often seems as though right-wingers are trying to make light of inequality by pointing to consumption inequality, and that left-winger take inequality seriously by zeroing in on income and ...

Just what is consumption, how deadly is it, and is it still around? The word “consumption” first appeared in the 14 th century to describe any potentially fatal wasting disease–that is, any ...

Despite this, age structure effects are rarely controlled for in empirical consumption functions. Our findings suggest that they should. By analysing Norwegian quarterly time series data, we find that ...