Title:Optimal income taxation when asset taxation is limited Author(s):ABRAHAM, Arpad; KOEHNE, Sebastian; PAVONI, NicolaDate:2016Citation:
- Journal of public economics, 2016, Vol. 136, pp.14-29
Type:ArticleAbstract:Several frictions restrict the government's ability to tax assets. First, it is very costly to monitor trades on international asset markets. Second, agents can resort to nonobservable low-return assets such as cash, gold ...