Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298326 
Year of Publication: 
2023
Series/Report no.: 
Discussion Papers No. 1001
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business investments is distorted. This study shows how to redistribute from the richest without distorting investment decisions of foreign and domestic investors within a simplified model framework designed for modest levels of taxes on capital income and wealth. A wealth tax without a discount for working capital combined with a tax rate on ordinary income equal to the corporate tax rate abroad achieves these goals. This tax proposal is assessed based on previous results on taxation.
Subjects: 
Taxation
capital income
wealth
JEL: 
H2
H21
F21
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.