Is There a Future for Capital Income Taxation? [E-Book] / Jack Mintz
Mintz, Jack.
Paris : OECD Publishing, 1992
45 p. ; 21 x 29.7cm.
OECD Economics Department Working Papers ; 108
Full Text
This paper examines the future of capital income taxation in a world of capital mobility. It first explores the motivation for personal and corporate income taxation in an open economy and argues that policymakers should view these taxes as having quite different impacts on the economy. The paper then suggests that some forces (e.g. capital flight) will encourage governments to shift away from capital income taxation while others (e.g. tax exportation) will have the opposite effect ...