Kotlikoff, Laurence J.; Miao, Jianjun - Department of Economics, Boston University - 2010
The economics workings of the corporate income tax remain controversial. Harberger?s seminal 1962 article viewed the tax as raising the cost of capital used to produce ?corporate goods.?But ?corporate goods?can be and generally are made by non-corporate ?rms, sug- gesting that the corporate tax...