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We show the unique form that must be taken by a tax system based entirely on realization accounting to implement a uniform capital income tax, or, equivalently, a uniform wealth tax. This system combines elements of an accrual based capital income tax and a traditional cashflow tax, having many of the attributes of the latter while still imposing a tax burden on marginal capital income. Like th...
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ژورنال
عنوان ژورنال: Nature Climate Change
سال: 2014
ISSN: 1758-678X,1758-6798
DOI: 10.1038/nclimate2390