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 …

will be different for the two firm types. This in turn will affect the investment incentives and distort capital and labour …

' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in … base. In general, in the short term, no negative investment effects are caused by the TCR. This suggests that a part of the …, investment might also be fixed in the short-run for example due to long-lasting contracts. -- Thin capitalization ; earnings …

will be different for the two firm types. This in turn will affect the investment incentives and distort capital and labour …

This paper studies the role of intangible capital investment in the timing of optimal capital income tax reforms … economies: one in which capitalists devote physical investment, management time and intangible capital investment to build … capital; and a second one in which capitalists do not need to devote intangible capital investment. We perform a Pareto …

investment of small entrepreneurial and larger managerial firms in different financial regimes that are largely in line with …