The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.
The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.
- ISBN:
- 9780691139159
- 9780691139159
- Category:
- Public finance
- Format:
- Hardback
- Publication Date:
- 21-07-2010
- Language:
- English
- Publisher:
- Princeton University Press
- Country of origin:
- United States
- Pages:
- 200
- Dimensions (mm):
- 216x140x23mm
- Weight:
- 0.37kg
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