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Taxation of Capital Income Vs. Labour Income: An Overview

2000· book-chapter· en· W4388063300 on OpenAlexaboutno aff
Roger Gordon

Bibliographic record

Venuenot available
Typebook-chapter
Languageen
FieldBusiness, Management and Accounting
TopicCorporate Taxation and Avoidance
Canadian institutionsnot available
Fundersnot available
KeywordsState income taxDividend taxGross incomeDouble taxationInternational taxationIncome taxLabour economicsTax avoidanceEconomicsTax reformIndirect taxDirect taxTreasuryPublic economicsBusinessPolitical scienceLaw

Abstract

fetched live from OpenAlex

Abstract The existing personal and corporate income tax structures in most European Union (EU) and other OECD countries are still heavily influenced by the idea of a comprehensive income tax, as first proposed by Schanz (1986) over a hundred years ago and later by Haig (1921) and Simons (1938). Under their proposals, each individual should be taxed annually on the sum of all their real incomes from labour and capital, regardless of source. More recent support for this basic structure for the income tax includes the Royal (Carter) Commission on Taxation (1966) in Canada, the Campbell Committee (1981) in Australia, and the US Department of the Treasury (1984), many of whose proposed reforms were in fact enacted in 1986.In theory, under a comprehensive income tax, there would be no need for a separate tax on corporate income. The perceived role of the corporate tax in this system is to offset administrative problems faced in taxing accruing capital gains. The practice has been to impose a direct tax on corporate retained earnings to supplement whatever personal tax is imposed on capital gains at the personal level so that the two together tax accruing capital gains on corporate equity at roughly the same rate as applies to other forms of capital income.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.780
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0200.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.029
GPT teacher head0.236
Teacher spread0.207 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designTheoretical or conceptual
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations17
Published2000
Admission routes1
Has abstractyes

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