Chen, Xiaoshan; Leith, Campbell; Ricci, Mattia - 2022
nes an upper limit on the welfare gains that can be achieved by any scal reform. The Frontier is then used to evaluate a … abolition has slowed since the 1970s as debt levels have risen and tax rates fallen, but the reform remains close to the … achieved quickly, but a simultaneous capital tax reform can more than offset those costs …