Why Can Modern Governments Tax So Much? An Agency Model of Firms as Fiscal Intermediaries
NBER Working Paper No. 15218
---- Acknowledgements ----
We would like to thank David Albouy, Tim Besley, Saki Bigio, Raj Chetty, Alain Jousten, Wojciech Kopczuk, Camille Landais, Thomas Piketty, Monica Singhal, Joel Slemrod, and numerous seminar participants for helpful discussions and comments. This paper is an output of the International Growth Centre (IGC). Additionally, financial support from NSF Grant SES-0850631 is gratefully acknowledged. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.