Taxing Capital Income

The question of whether to tax income from wealth has sparked debate since our country's inception. Does taxing capital income ensure the progressivity of our system or merely discourage saving? Would switching our tax code to one that solely taxes consumption be more efficient or only burden middle- and low-income people? And if we were to radically reform the way America taxes its citizens, how could we ensure that vital revenue would not be lost? Some analysts would even argue that, under our present byzantine system, we don't really tax capital income at all. In this volume, eminent lawyers and economists analyze the problems associated with taxing capital income and propose policy solutions, which are then challenged by their peers in informed commentary. Taxing Capital Income may not settle the debate, but it offers a wealth of information and ideas to consider.Aaron, Henry J. is the author of 'Taxing Capital Income', published 2007 under ISBN 9780877667377 and ISBN 0877667373.