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Fiscal Policies, Capital Formation, and Capitalism

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NBER1994-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4885
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This lecture examines the effects of tax policy and social security retirement benefits on capital accumulation and economic welfare. The paper begins by examining how capital income taxes reduce the real return to savers and then discusses the welfare loss of capital income taxation relative to the
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1994-10-01
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