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

owenzidar

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

  1. Acemogludisagrees 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. Auerbachstrongly agrees
  3. Chetty is uncertain
  4. Goolsbee is uncertain and says “lots of conflicting results in the research in this area”
  5. Greenstoneagrees 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

I'm an Assistant Professor of Economics at the University of Chicago Booth School of Business and a Faculty Research Fellow at National Bureau of Economic Research. You can follow me on twitter @omzidar. http://faculty.chicagobooth.edu/owen.zidar/index.html
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