This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly … demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly … demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

rate will stimulate investment and economic growth. In this working paper, Research Associate Steven M. Fazzari and … the cost of capital, investment, and output …

maintain above seven percent continuous growth rate in output, investment and physical capital. It also promotes expansion in … production sectors, growth of income and employment over time, the redistribution of income among households in India. While GST … direct and indirect taxes will bring speedier growth of income and employment along with more balanced distribution of income …

promoting growth, yet there is not compelling evidence regarding its effect in Latin American countries. Using a variety of … approaches, we estimate the effects on growth of the most important taxes for the region, namely personal income tax, corporate … resource. We evaluate the effect of these tax instruments on growth for Argentina, Brazil, Mexico, and Chile using vector …

-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government … three fiscal policy strategies. Results demonstrate that the effectiveness of universal basic income on long-term growth … completely eliminating oil subsidies appears to be the best policy for reducing inequality while increasing growth and welfare …

taxes on top personal incomes, corporate income and wealth are detrimental to growth and employment and/or will foster tax … taxation. Furthermore, from a Keynesian macroeconomic perspective redistribution may even be systematically conducive to growth …

It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue … critically hinge on the existence of a bequest motive. It is shown that a wage-tax cut is no longer growth-enhancing when … bequests are operative. By way of contrast, increasing productive public services may well boost growth. The theoretical …