Capital income taxation and the Atkinson–Stiglitz theorem

Firouz Gahvari and Luca Micheletto

Economics Letters, 2016, vol. 147, issue C, 86-89

Abstract: Accounting for the role of financial system and money holdings in an optimal nonlinear income tax model, we argue that capital income taxation is a non-redundant policy tool even if individual preferences are separable between leisure and other goods.

Keywords: Nonlinear labor income taxation; Capital income taxation; Redistribution (search for similar items in EconPapers)
JEL-codes: H21 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:147:y:2016:i:c:p:86-89

DOI: 10.1016/j.econlet.2016.08.021

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