Ben Moll (@ben_moll) 's Twitter Profile
Ben Moll

@ben_moll

Sir John Hicks Professor of Economics, @LSEecon. Macroeconomics with distribution(s).

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linkhttp://benjaminmoll.com calendar_today07-01-2019 14:20:25

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How should we tax capital gains due to rising asset prices? On realization? On accrual? Or should we perhaps tax wealth? The existing public finance literature has a big hole making it unsuitable for thinking about these issues: it doesn't model asset prices! 🧵 on a new paper:

How should we tax capital gains due to rising asset prices? On realization? On accrual? Or should we perhaps tax wealth?

The existing public finance literature has a big hole making it unsuitable for thinking about these issues: it doesn't model asset prices!

🧵 on a new paper: