state revenue

The Progressive Policy Institute report argues that policy makers should adhere to three key principles as they craft a system for taxation of remote sales over the Internet. Fairness, simplicity, and limited scope are the three principles discussed.

How do capital income taxes affect household portfolio choice and growth? The authors approach this question within the context of a stochastic model of a small open economy in which taxes on income from domestic capital (equity) and foreign bonds affect household portfolio choice, welfare and the growth rate of the economy.