This paper reviews recent developments in the theory and practice of optimal capital
taxation. We emphasize three main rationales for capital taxation. First, the frontier between …

This survey discusses how capital should be taxed in advanced economies. We review the
theoretical optimal tax literature, survey empirical studies on the distribution of capital and …

This paper evaluates proposals for an annual wealth tax. While a dozen OECD countries
levied wealth taxes in the recent past, now only three retain them, with only Switzerland …

In this paper, we review the existing empirical evidence on how individuals respond to the
incentives created by a net wealth tax. Variation in the overall magnitude of behavioural …

This paper characterises the conventional and the digital sector of the EU economy since
the late 90s and introduces a two sector growth model which highlights structural differences …

This paper analyses the relative merits of wealth and capital income taxes as instruments for
taxing the rich. The main rationale for a wealth tax is to address the incompleteness of the …

States are often minimally present in the rural periphery. Yet a limited presence does not
mean a limited impact. Isolated state actions in regions where the state is otherwise scarce …

This paper studies the interstate effects of decentralized taxation and spending when work-
from-home allows fully remote work from another state. In this setting, a state's population …

This paper combines detailed administrative records on the universe of the Dutch population
with national accounts aggregates to provide a thorough description of income inequality …

The share of pre-tax income flowing to the top of the UK income distribution increased
continually and substantially in the three decades leading up to the financial crisis, but has …