This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly defined flat tax on personal capital income. Revenue losses are compensated by an increase in the value added tax. The paper demonstrates the neutrality properties of the reform...

I study the growth and welfare e⁄ects of a business tax cut in two economies that di⁄er with respect to rms governance. In one the founders of the rms delegate management; in the other they do not. Growth is driven by the arrival of new rms, and by the accumulation of intangibles. Delegation...

Ziel war es, den Übergang vom derzeitigen System der Unternehmensbesteuerung zu einem System der nachgelagerten Besteuerung zu simulieren, um ein besseres Verständnis der Verteilungswirkungen einer Steuerreform während des Übergangs vom alten zum neuen langfristigen Gleichgewicht zu erlangen...