Blackorby, Charles (contributor); Brett, Craig (contributor) - 2004 - [Elektronische Ressource]
income taxation. That is, when should capital income form part
of the direct income tax base? A main theme of this literature … an income tax. The putative
advantage of a consumption tax is that before-tax and after-tax returns on savings are equal … marginal tax rate on savings income is a feature of an optimal nonlinear
income tax when future consumption is separable from …