SUPPLY-SIDE ECONOMICS: AN ANALYTICAL REVIEW

It is proposed that neither capital gains nor capital of any form should be taxed. A model is offered that is suitable for assessing changes in a tax structure consisting of flat-rate taxes on capital and labor income. The model focuses on 3 margins: 1. the division of production between consumption...

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Veröffentlicht in:Oxford economic papers 1990-04, Vol.42 (2), p.293-316
1. Verfasser: Lucas, Robert E.
Format: Artikel
Sprache:eng
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