simultaneously the different distortions associated with capital income taxation (across sectors, across assets and across time) yet … simple enough to yield intuitive analytical results as well. The main result is that uniform capital income taxation is … almost certainly suboptimal, theoretically, but that empirically, optimal deviations from uniform taxation are …

these two views of dividend taxation. By extending Tobin's "q" theory of investment to incorporate taxes at both the … views may be tested by comparing the performance of investment equations estimates under each theory's predict ions. British …

This paper analyzes the effects of dividend taxation on corporate behavior using the large tax cut on individual …). These findings show that principal-agent issues play a central role in corporate responses to taxation …