Birk, Angela (contributor); Michaelis, Jochen (contributor) - 2004 - [Elektronische Ressource]
, capital income taxes and taxes
levied on capital costs. In our framework, the payroll tax is found to be neutral.
If this tax … contrast to the capital
income tax, the cut in tFk causes a rise in the interest rate r and thus a rise in hiring costs … analyze how savings and the incentive to create new jobs are a�ected by
tax swaps between wage income taxes, payroll taxes …