Preferences, incentives matter for capital tax levels, study finds

(Phys.org)—Against the backdrop of a nation obsessed with the debate on taxes, Cornell assistant professor of economics Maxim Troshkin and colleagues have completed a study that could help determine the ideal capital tax ...

IMF chief says SMS tax could help Philippines

International Monetary Fund chief Christine Lagarde urged the Philippines on Friday to tax mobile phone messages to shore up state funds in a country sometimes called the world's text message capital.

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