A Theory of Optimal Capital Taxation
---- Acknowledgments ----
We are grateful to seminar participants at the Paris School of Economics, the London School of Economics, the National Bureau of Economic Research (Public Economics Program), the University of California at Berkeley, the Massachussetts Institute of Technology, and Stanford University for their comments. We thank Tony Atkinson, Alan Auerbach, Peter Diamond, Emmanuel Farhi, Mikhail Golosov, Louis Kaplow, Wojciech Kopczuk, Matt Weinzierl and Ivan Werning for helpful and stimulating discussions. We acknowledge financial support from the Center for Equitable Growth at UC Berkeley. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.