Simple Rules for the Optimal Taxation of International Capital Income
调和并扩展了关于国际投资收入集体最优课税的已有结论，在无法使用一次性总付税且可能无法对纯利润征税的一般情形下，建立了一个新的、极其简单的加权平均规则，涵盖了该领域的其他关键结果。
In this paper we reconcile and extend previous results on the collectively optimal taxation of international investment income. The “weighted average” rule of Horst (1980), for example, is shown to rest on unattractive assumptions on the set of instruments available, ruling out any need for distorting taxes. The principal contribution is to establish a new and strikingly simple weighted average rule — encompassing the other key result in this area — for the general case in which lump‐sum taxes are unavailable, the ability to tax pure profits is perhaps restricted and distorting taxes on both domestic and border‐crossing capital income are optimally deployed.