Eichner, Thomas; Pethig, Rüdiger - In: European Journal of Political Economy 37 (2015) C, pp. 64-67
Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...