EconPapers    
Economics at your fingertips  
 

How Should Capital Be Taxed? Theory and Evidence from Sweden

Spencer Bastani () and Daniel Waldenström ()
Additional contact information
Daniel Waldenström: Paris School of Economics

No 11475, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and empirical findings regarding their effects on economic activity. The paper also examines the political feasibility of capital taxation by presenting results from a unique attitude survey targeted to a large representative sample of the Swedish population. Finally, we tie together our findings and discuss their implications for tax policy.

Keywords: optimal taxation; capital taxation; wealth tax; inheritance tax; corporate tax; income inequality; wealth inequality; political economy; preferences for redistribution (search for similar items in EconPapers)
JEL-codes: D31 F38 H21 H24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-acc, nep-pbe and nep-pub
Date: 2018-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://ftp.iza.org/dp11475.pdf (application/pdf)

Related works:
Working Paper: How Should Capital be Taxed? Theory and Evidence from Sweden (2018) Downloads
Working Paper: How Should Capital Be Taxed? Theory and Evidence from Sweden (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp11475

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute for the Study of Labor (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Mark Fallak ().

 
Page updated 2019-04-14
Handle: RePEc:iza:izadps:dp11475