Weinzierl, Matthew; Golosov, Michail Ju.; Tsyvinsky, Aleh - London School of Economics and Political Science - 2010
We analytically and quantitatively examine a prominent justification forcapital income taxation: goods preferred by … taxation, allowing us to studythe forces for and against regressivity. We then parameterize the model toevidence on the … only a fraction of theprevailing level of capital income taxation.[...] …