Marie-Noëlle Lefebvre, Etienne Lehmann, Michaël Sicsic
Capital income taxation is increasingly recognised as essential for addressing inequality, yet its effectiveness is often limited by behavioural responses. This column analyses French capital income tax reforms and finds that both capital income and labour income responses to capital tax changes play a crucial role in determining the Laffer tax rate on capital income. These findings highlight the need to fully account for all behavioural responses when designing capital income tax policies.
Πηγή: Voxeu