Optimal taxation of capital income with
โ
Jang-Ting Guo; Kevin J. Lansing
๐
Article
๐
1999
๐
Elsevier Science
๐
English
โ 261 KB
The zero limiting capital tax result is also discussed by Arrow and Kurz (1970, pp. 191}203) in the context of a neoclassical growth model with inelastic labor supply and productive public expenditures.