Ahsan, Syed M.; Tsigaris, Panagiotis - In: Public Finance Review 39 (2011) 4, pp. 571-593
In this article, the authors show that a wage tax, which neither alters the relative price of current versus future consumption nor distorts the relative expected return (vis-à-vis the cost) to investing in human capital, leads to biases at both these margins. The authors find that the common...