In times of inflation, most existing systems of taxation introduce new distortions into the allocation of resources. In … system of taxation to insulate it from inflationary distortions. …

the economy, implied by the present double taxation of corporate source income. A common feature of these studies is the …

Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … derived from standard models of capital taxation when applied to entrepreneurial income. Some of the defining features of … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …