realization-based capital gain taxation. For realistic parameterizations of our model, certainty equivalent welfare gains from … heuristic portfolio policy ignoring the taxation of profits (capital gains, interest and dividend payments). Compared to a … heuristic portfolio policy that only ignores the realization-based feature of capital gain taxation and instead assumes mark …

This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the … relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities …—and the mapping between these functions and various forms of taxation. Different types of taxation as well as expenditures on …

lower than the average American. Is this due to a lack of public support for taxation? Is it due to misperceptions about … treatments would positively affect the demand for taxation, most treatments have a null or negative effect. Providing information … about the lavish lifestyles of billionaires does have a robust positive effect on the demand for taxation …