The Economists' Voice
Ed. by Cragg, Michael / Stiglitz, Joseph / Zwiebel, Jeffrey
1 Issue per year
SCImago Journal Rank (SJR) 2015: 0.164
Source Normalized Impact per Paper (SNIP) 2015: 0.264
Impact per Publication (IPP) 2015: 0.143
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.