Answers are grounded in this paper and cite their sources.
I. Introduction, 589.—II. The model, 590.—III. The controlled economy, 592.—IV. Competitive behavior, 593.—V. Optimal factor taxation, 596.—VI. The nature of optimal taxes, 602.—VII. Optimal capital taxation, 605.—VIII. Bequests and the discount rate, 609.—IX. Conclusion, 610.
No takes yet. Share an insight, caveat, or question.
Alan J. Auerbach (1979) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: