Schnabl, Gunther / Belke, Ansgar
The Economists' Voice
1 Issue per year
Cite Score 2016: 0.24
SCImago Journal Rank (SJR) 2016: 0.257
Source Normalized Impact per Paper (SNIP) 2016: 0.380
Although rates are lower than in the past, the combination of the corporate and personal tax rates still imply high marginal tax rates on capital income. Martin Feldstein argues that such high tax rates hurt the economy even if saving rates are not sensitive to rates of return, and examines the various ways in which capital taxes distort other aspects of economic activity.