Sørensen, Peter Birch (contributor) - 2006
tax rates on
capital income throughout the world. Those who believe that returns to savings should not be taxed
have …
personal taxes on saving do not have any impact on domestic investment. In Figure 1 a rise in the
savings tax t
S
implies a … tax. According to Figure 1, a lowering of savings taxes such as the personal taxes on
dividends and capital gains on …