Top economists on whether we should tax capital income less than labor income

Here are some responses from the public finance economists on the list:

  1. Acemoglu disagrees and says “Two things are ott confused. Continuously taxing savings is hugely inefficient. Taxing income at source even if it is capital income isn’t.”
  2. Auerbach strongly agrees
  3. Chetty is uncertain
  4. Goolsbee is uncertain and says “lots of conflicting results in the research in this area”
  5. Greenstone agrees and says “Standard theory is clear that this is good for growth but empirical work is less clear. Is std theory wrong or is evidence not credible?”
  6. Saez strongly disagrees

Full results are here

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About ozidar

Graduate student at UC Berkeley, studying public finance & labor economics. https://sites.google.com/site/omzidar/
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