Why Are U.S. Companies Hoarding So Much Cash?
More than anything else, it comes down to taxes.
Researchers: Michael Faulkender, Kristine W. Hankins and Mitchell A. Petersen
April 29, 2022
Big Tax Breaks Beget Small Investments
Why the American Jobs Creation Act lowered taxes but failed to spur domestic investment
Researchers: Michael Faulkender and Mitchell A. Petersen
October 1, 2010