Fossen, Frank M.; Rees, Ray; Rostam-Afschar, Davud; … - 2017
We investigate how personal income taxes affect the portfolio share of personal wealth that entrepreneurs invest in … business income to tax authorities, we show that a fall in the tax rate may increase investment in risky entrepreneurial … 2012. We analyze the effects of personal income taxes on the portfolio shares of six asset classes of private households …
