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- W2037643188 abstract "This paper studies the problem of the optimal mix of linear taxes on wages and on interest in a dynamic maximin economy in which workers differ according to their abilities and in which the distortionary impact of taxation falls on the quantity of investment in education. Conditions are derived for which the optimal interest tax is one hundred percent. It is shown that only in such economies is the taxable capacity with respect to both taxes utilized. Finally, the validity of the Golden Rule is reestablished." @default.
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- W2037643188 date "1976-01-01" @default.
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- W2037643188 title "Distributive justice and optimal taxation of wages and interest in a growing economy" @default.
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- W2037643188 doi "https://doi.org/10.1016/0047-2727(76)90065-7" @default.
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