[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/fce/doctra/1708.html
   My bibliography  Save this paper

Capital taxation : principles, properties and optimal taxation issues

Author

Listed:
  • Céline Antonin

    (OFCE-SCIENCES PO)

  • Vincent Touzé

    (OFCE Sciences Po)

Abstract
This article addresses the issue of capital taxation relying on three levels of analysis. The first level deals with the multiple ways to tax capital (income or value, proportional or progressive taxation, and the temporality of the taxation) and presents some of France's particular features within a heterogeneous European context. The second area of investigation focuses on the main dynamic properties generated by capital taxation: the principle of equivalence with a tax on consumption; the issue of double taxation if it targets taxation of nominal income; neutrality of the uniform tax on the capital value; lastly, the risk of confiscatory taxation if there is a disjunction between taxation of the value and the income. The final level of analysis consists in assessing the debate on the optimal level of capital taxation drawing on the lessons in the literature. These discussions are organized into eight themes: (1) double taxation, (2) optimal growth, (3) property, (4) tax competition, (5) supervisory arguments, (6) measuring capital gains, (7) complexity and (8) fiscal stability

Suggested Citation

  • Céline Antonin & Vincent Touzé, 2017. "Capital taxation : principles, properties and optimal taxation issues," Documents de Travail de l'OFCE 2017-08, Observatoire Francais des Conjonctures Economiques (OFCE).
    • Handle: RePEc:fce:doctra:1708
    as

    Download full text from publisher

    File URL: http://www.ofce.sciences-po.fr/pdf/dtravail/WP2017-08.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ambler, Steve, 1999. "Les modèles à agent représentatif et la politique de taxation optimale," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(4), pages 539-557, décembre.
    2. Luc Arrondel & André Masson, 2011. "Taxer les héritages pour accroître la mobilité du patrimoine entre générations," Revue française d'économie, Presses de Sciences-Po, vol. 0(2), pages 23-72.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:spmain:info:hdl:2441/7o52iohb7k6srk09mgl200438 is not listed on IDEAS
    2. repec:spo:wpmain:info:hdl:2441/7o52iohb7k6srk09mgl200438 is not listed on IDEAS
    3. repec:spo:wpmain:info:hdl:2441/4cl38kom1f8d9op7lrto184dm8 is not listed on IDEAS
    4. repec:hal:spmain:info:hdl:2441/4cl38kom1f8d9op7lrto184dm8 is not listed on IDEAS
    5. Roman Arjona, "undated". "Optimal Social Security Taxation in Spain," Studies on the Spanish Economy 80, FEDEA.
    6. repec:ces:ifodic:v:16:y:2018:i:2:p:50000000002755 is not listed on IDEAS
    7. repec:hal:spmain:info:hdl:2441/7o52iohb7k6srk09mitalgtqp is not listed on IDEAS
    8. repec:spo:wpmain:info:hdl:2441/7o52iohb7k6srk09mitalgtqp is not listed on IDEAS
    9. B. Garbinti, 2014. "Do Gifts and Bequests Facilitate Homeownership and Firm Creation?," Documents de Travail de l'Insee - INSEE Working Papers g2014-02, Institut National de la Statistique et des Etudes Economiques.

    More about this item

    Keywords

    Taxation; savings; accumulation of capital;
    All these keywords.

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fce:doctra:1708. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Francesco Saraceno (email available below). General contact details of provider: https://edirc.repec.org/data/ofcspfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.