labor income in the face of business-cycle shocks. However, if households do optimize at the participation margin, then tax …

Harberger's supemeutrality conjecture contends that, although in theory the mix of direct and indirect taxes affects … investment and growth, in practice growth effects of taxation are negligible. This paper provides evidence in support of this … significant investment effects from income and consumption taxes that are consistent with small growth effects. The results are …

his lifetime. Second, the government is allowed to tax accidental bequests at a separate rate from ordinary capital income …

create a motive for the government to use age-dependent labor income taxes. If the government cannot condition taxes on age …

is not the existence of a tax on interest income (as argued in the literature on this subject) but instead the implicit … assumption that capital gains are taxed as if they were interest income. Second, the paper attempts to clarify the conditions …)--the proposition that in a world in which interest income is taxed, both purchasing power parity and equalization of real after …