Bachas, Pierre; Fisher-Post, Matthew H.; Jensen, Anders; … - National Bureau of Economic Research - 2022
percentage-point decline in capital taxation. (2) The decline in capital taxation is concentrated in high-income countries. By … contrast, capital taxation increased in developing countries since the 1990s, albeit from a low base. (3) Consistently across a … variety of research designs, we find that the rise in capital taxation in developing countries can be explained by a tax …