The Taxation of Income from Capital: A Comparative Study of the United States, the United Kingdom, Sweden, and West Germany (National Bureau of Economic Research Monograph)

Taxation-both corporate and personal-has been held responsible for the low investment and productivity growth rates experienced in the West during the last decade. This book, a comparative study of the taxation of income from capital in the United States, the United Kingdom, Sweden, and West Germany, establishes for the first time a common framework for analysis that permits accurate comparison of tax systems. A comparative study of the taxation of income from capital in the U.S.A., the United Kingdom, Sweden and West Germany. It represents a collaboration of the National Bureau of Economic Research with the Industrial Institute for Economic and Social Research (Sweden) and the Institute for Economic Research (W. Germany). The study compares the effective tax rates levied on capital income in the corporate and non- financial corporate personal sector derived from different kinds of savings and investment