Nordic dual income tax boosts efficiency by leveling investment playing field
The Nordic countries have a tax system that combines a flat tax on investments with a progressive tax on income from work. This helps to make sure that people invest in themselves (like education) as much as they invest in other things (like stocks). This way, the tax system doesn't favor one type of investment over the other. The researchers used a model to show how this system can be good for the economy in the long run.