Taxing Risky Capital Income A Commodity Taxation Approach

dc.contributor.authorSchindler, Dirk
dc.date.accessioned2011-03-23T09:36:07Zdeu
dc.date.available2011-03-23T09:36:07Zdeu
dc.date.issued2008deu
dc.description.abstractIn a two-period world with endogenous savings and two assets, the optimal tax structure and optimal diversification of aggregate (capital) risk between private and public consumption are analyzed. We show that there is no trade-off between efficiency in intertemporal consumption and allocation of risk; both goals are reached as long as labor supply is exogenous. This requires, however, taxing the excess return at a special tax rate. Optimally extending the dual income tax for risky capital income, accordingly, leads to a tax system with three tax bases: the triple income tax.eng
dc.description.versionpublished
dc.identifier.citationPubl. in: Finanzarchiv 64 (2008), 3, pp. 311-333deu
dc.identifier.doi10.1628/001522108X374151
dc.identifier.urihttp://kops.uni-konstanz.de/handle/123456789/1831
dc.language.isodeudeu
dc.legacy.dateIssued2009deu
dc.rightsterms-of-usedeu
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/deu
dc.subjectoptimal taxationdeu
dc.subjectaggregate riskdeu
dc.subjecttriple income taxdeu
dc.subject.ddc330deu
dc.subject.jelH21deu
dc.titleTaxing Risky Capital Income A Commodity Taxation Approachdeu
dc.typeJOURNAL_ARTICLEdeu
dspace.entity.typePublication
kops.citation.bibtex
@article{Schindler2008Taxin-1831,
  year={2008},
  doi={10.1628/001522108X374151},
  title={Taxing Risky Capital Income   A Commodity Taxation Approach},
  number={3},
  volume={64},
  journal={Finanzarchiv},
  pages={311--333},
  author={Schindler, Dirk}
}
kops.citation.iso690SCHINDLER, Dirk, 2008. Taxing Risky Capital Income A Commodity Taxation Approach. In: Finanzarchiv. 2008, 64(3), pp. 311-333. Available under: doi: 10.1628/001522108X374151deu
kops.citation.iso690SCHINDLER, Dirk, 2008. Taxing Risky Capital Income A Commodity Taxation Approach. In: Finanzarchiv. 2008, 64(3), pp. 311-333. Available under: doi: 10.1628/001522108X374151eng
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kops.sourcefieldFinanzarchiv. 2008, <b>64</b>(3), pp. 311-333. Available under: doi: 10.1628/001522108X374151deu
kops.sourcefield.plainFinanzarchiv. 2008, 64(3), pp. 311-333. Available under: doi: 10.1628/001522108X374151deu
kops.sourcefield.plainFinanzarchiv. 2008, 64(3), pp. 311-333. Available under: doi: 10.1628/001522108X374151eng
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