Rehme, Günther - Fachbereich Rechts- und Wirtschaftswissenschaften, … - 2007
In this paper I readdress the result that capital income taxes are bad instruments for pure redistribution and should … distorting accumulation, is considered to investigate if net capital income taxes used for pure redistribution are zero in a long …-run optimum. I find that capital income taxes may be nonzero, depending on the political power of those who receive redistributive …