This paper reviews recent developments in the theory and practice of optimal capital
taxation. We emphasize three main rationales for capital taxation. First, the frontier between …

This chapter surveys work in behavioral public economics, emphasizing the normative
implications of non-standard decision making for the design of welfare-improving and/or …

This article uses administrative tax data to estimate top wealth in the United States. We
assemble new data that link people to their sources of capital income and develop new …

This paper evaluates proposals for an annual wealth tax. While a dozen OECD countries
levied wealth taxes in the recent past, now only three retain them, with only Switzerland …

A common objection to “sin taxes”—corrective taxes on goods that are thought to be
overconsumed, such as cigarettes, alcohol, and sugary drinks—is that they often fall …

This paper presents the case for tax progressivity based on recent results in optimal tax
theory. We consider the optimal progressivity of earnings taxation and whether capital …

This paper derives optimal inheritance tax formulas that capture the key equity‐efficiency
trade‐off, are expressed in terms of estimable sufficient statistics, and are robust to the …

The optimal design of a tax system is a topic that has long fascinated economic theorists and
flummoxed economic policymakers. This paper explores the interplay between tax theory …

This handbook chapter reviews recent developments in the theory of optimal labor income
taxation. We emphasize connections between theory and empirical work that were initially …

Governments around the world redistribute to distressed areas by conditioning taxes and
transfers on location. We show that when poor households are spatially concentrated …