The Johansson-Samuelson Theorem in General Equilibrium: A Rebuttal

The well-know Johansson-Samuelson Theorem proves that, in partial equilibrium, comprehensive income taxation with a uniform tax rate is neutral in terms of investment decisions, if fiscal depreciation allowances coincide with economic depreciation. In this article we show that this result does not hold in general equilibrium, unless fairly restrictive conditions are met.

MoreLess

Year of publication:	2008
Authors:	Menoncin, Francesco ; Panteghini, Paolo M.
Institutions:	Dipartimento di Economia e Management, Università degli Studi di Brescia

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Series:	Working Papers.
Type of publication:	Book / Working Paper
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005418875