taxation due to policy revision; therefore, the attainable resource allocation set in this problem is ill-defined. This … capital income taxation at the beginning of an optimal policy does not imply a lump-sum taxation of household wealth and … commitment. We resolve the Ramsey problem and compare our results to those of Chamley on optimal capital income taxation. …

This paper considers a Ramsey model of linear capital and labor income taxation in which a benevolent government cannot … literature on optimal taxation without commitment, which imposes budget balance and typically finds that the optimal capital …

-enhancing, eliminates the effects of distortionary taxation and fully counterbalance both the direct and the fiscal-disciplining effects of …

expenditure and does not have access to lump sum taxation. We develop a solution method that combines incentive constraints into a … taxation literature, the marginal tax rate at the top is strictly positive. …

equilibrium due to over-taxation. Investment rates are too low which slows down growth along the transition. In the long run, this …

allocations even under lump-sum taxation. Ideological biases create asymmetries in the group’s relative political power generating …

I am suggesting new methods, and innovative and alternative policies in the areas of optimal taxation, tax collection … packages. This new taxation shall be operated at minimum operating cost with limited paper currency, thereby totally … eliminating fake currency, black money, tax evasion, corruption and extortions. Under this new taxation system the tax net will be …

-rate income taxation is higher than that in the case of lump-sum taxation. …