Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated … game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never … stable and sustainable. The purpose of this note is to prove that there are conditions under which the grand tax coalition is …

Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated … game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never … stable and sustainable. The purpose of this note is to prove that there are conditions under which the grand tax coalition is …

Introduction -- Capital explosion -- Tax cut revolution -- Flat tax club -- Mobile brains and mobile wealth -- Taxing … businesses in the global economy -- The economics of tax competition -- The battle for freedom and competition -- The moral case … for tax competition -- Options for U.S. policy …