Earlier, we noted that consumption at different dates could be interpreted just like consumption of different commodities

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Earlier, we noted that consumption at different dates could be interpreted just like consumption of different commodities at the same date. What do the results on optimal taxation imply about the desirability of taxing interest income?

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Economics Of The Public Sector

ISBN: 9780393925227

4th Edition

Authors: Joseph E. Stiglitz, Jay K. Rosengard

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