Corporate taxes and entrepreneurs' income: A credit channel
研究发现公司税减免通过银行信贷渠道对不同财富水平的企业家产生不同影响：较穷的企业家更容易获得信贷，但较富的企业家获得更多贷款和更低利率，最终加剧收入不平等。
Corporate taxation can have redistributive effects on income and wealth. We hypothesize and empirically establish such an effect working via bank credit. We use a unique sample of small majority-owned firms that apply for credit, where only some firms (treated) experience a corporate tax cut. We show that after the decrease in corporate tax rates, the treated poorer business owners get easier access to credit. However, this policy also considerably increases loan amounts and decreases loan spreads for the treated richer. Ultimately, reducing the corporate tax rate predominantly increases the future income and wealth of richer business owners.