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A comment on Modeling a Wealth Tax. Parent comment
> In contrast to Chamley-Judd, the optimal tax on capital is positive in our model because we have finite long run elasticities of inheritance to tax rate
https://www.nber.org/papers/w17989.pdf
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> In contrast to Chamley-Judd, the optimal tax on capital is positive in our model because we have finite long run elasticities of inheritance to tax rate
https://www.nber.org/papers/w17989.pdf