Inflation, indexation and interest income taxation. A comment

Authors

  • U. SACCHETTI

DOI:

https://doi.org/10.13133/2037-3643/11370

Keywords:

Inflation, income tax system, wealth transfer mechanism, V. Tanzi

Abstract

The article comments on V. Tanzi’s “Inflation, Indexation and interest income taxation”. The author agrees with the proposition that, for equity reasons, it would be desirable to find some offset to the transfer of wealth which takes place under inflation between borrowers and lenders. However, he seeks to show that the income tax system may not be the most appropriate practical mechanism to obtain the desired offset. In addition, certain conceptual issues are raised. A qualified alternative suggestion is then made.

 

JEL: E31, E64, H24

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Published

2013-12-18

How to Cite

SACCHETTI, U. (2013). Inflation, indexation and interest income taxation. A comment. PSL Quarterly Review, 30(120). https://doi.org/10.13133/2037-3643/11370

Issue

Vol. 30 No. 120 (1977)

Section

Editorial

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