Federal Reserve Bank of Cleveland: 'On the Optimality of Differential Asset Taxation'
February 12, 2025
February 12, 2025
CLEVELAND, Ohio, Feb. 12 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 19-17R) on February 4, 2025, by Tom Phelan entitled "On the Optimality of Differential Asset Taxation."
Here are excerpts:
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In this paper I study the optimality of differential asset taxation in an environment with entrepreneurs and workers in which output is stochastic and entrepreneurs can misreport profits and abscond with capit . . .
Here are excerpts:
* * *
In this paper I study the optimality of differential asset taxation in an environment with entrepreneurs and workers in which output is stochastic and entrepreneurs can misreport profits and abscond with capit . . .