TY  - RPRT
        AU  - Apps, Patricia
AU  - Rees, Ray
        TI  - Capital Income Taxation and Household Production
        PY  - 2015/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9607
        UR  - https://www.iza.org/publications/dp9607
        AB  - The Atkinson-Stiglitz Theorem and its extensions have been interpreted as implying that capital income should not be taxed. If, as seems reasonable on empirical grounds, we introduce production of household goods with close market substitutes, this conclusion no longer holds. We analyse optimal capital income taxation for this case.
        KW  - optimal capital taxation
KW  - household production
        ER  -