threshold level. I find that this reform reduces the inequality in after-tax income, wealth, and consumption. However, it … end, I develop a theory of entrepreneurship that mimics key facts on the wealth and income distribution in Spain. I find … involves doubling the average effective tax rate on labor and business income for all individuals whose income is above a …

The financial crisis has opened up a global debate on the taxation of the financial sector. A number of international … financial crisis and whether taxation can play a role in the reform efforts under way to establish a sounder and safer financial …