search query: @indexterm capital income tax / total: 20
reference: 7 / 20
| Author: | Cremer, H. Pestieau, P. Rochet, J.-C. |
| Title: | Capital income taxation when inherited wealth is not observable |
| Journal: | Journal of Public Economics
2003 : OCT, VOL. 87:11, p. 2475-2490 |
| Index terms: | Capital income tax Inheritance |
| Freeterms: | Wealth tax |
| Language: | eng |
| Abstract: | The authors study the optimal tax policy when two instruments are available: a non-linear (wage) income tax and a proportional tax on capital income. They show that the second instrument ought to be used but that the tax rate is not necessarily positive. However, a positive tax rate is more likely when there is a positive correlation between inherited wealth and innate ability. |
SCIMA