Fair Haven, N.J.
Total dollars invested in publicly registered limited partnerships reached a new high in 1982, reports Robert A. Stanger & Co., a tax-shelter research firm. The annual volume was $5.57 billion, a 14 percent increase over the previous year. The company cites the passage of the Economic Recovery Tax Act as a boost to public limited partnerships. The act, which eliminated the 70 percent marginal-tax bracket, caused businesses to organize as partnerships to avoid double taxation.