Gourio, François - In: Journal of Economic Dynamics and Control 33 (2009) 6, pp. 1278-1295
A capital income tax cut must in general be financed by increasing other taxes, and thus will have redistributive effects. This paper studies analytically the redistribution implied by a capital income tax cut in the Ramsey-Cass-Koopmans neoclassical growth model when agents differ in wealth and...