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Taxing Capital Income (Urban Institute Press)

Leonard E. Burman, Henry J. Aaron, C. Eugene Steuerle




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 | #3319289 in Books |  2007-07-02 | Original language:English | PDF # 1 |  8.75 x5.75 x.75l,.0 | File type: PDF | 366 pages

|| |The continued taxation of income from capital is under threat, both for theoretical and practical reasons, and may well be the most important tax policy issue addressed during the 21st century. This volume splendidly lays out in a clear, evenhanded manner the

The question of whether to tax income from wealth has sparked debate since our country’s inception. Does taxing capital income ensure the progressivity of our system or merely discourage saving? Would switching our tax code to one that taxes only consumption be more efficient or only burden middle- and low-income people? And if we were to radically reform the way America taxes its citizens, how could we ensure that vital revenue would not be lost? Some ...

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