Huizinga, Harry P.; Nielsen, S.B. - Tilburg University, Center for Economic Research - 1996
This paper considers the political economy of the mix of profit, investment and saving taxation in a small open economy … where agents generally differ in their shares of profit and other income.In this setting, capital income taxation can have … constellations of profit, investment and saving taxes can arise.The paper, for instance, can explain why distorting saving taxation …
