(Archived document, may contain errors) 86 August 18, 1982 INTANGIBLE DRILLING COSTS: A TAX ON RISKS INTRODUCTION Tax hikes need not be huge to do great damage to the economy. In some instances, even very small tax increases can have effects far outweighing the marginal additional tax dollars they generate. A case in point is the minimum tax on so-called Intangible Drilling Costs, or IDCs.
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