Optimal income taxation when asset taxation is limited
نویسندگان
چکیده
منابع مشابه
Optimal Income Taxation with Asset Accumulation
Several frictions restrict the government’s ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too high. This paper shows that limitations in asset observability have important consequences for the tax...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2016
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2016.02.003