WITPWinnipeg Institute for Theoretical Physics (University of Manitoba; Winnepeg, Manitoba, Canada)
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References in periodicals archive ?
Like the 'WITP', the additional tax revenues are included in the public funds used for accumulation of human capital.
Private consumption recovers more quickly then it does in 'WITP', after the tax shock.
These figures amount to 1.34 and 1.042 times higher than their levels under 'WITP'.
Total profit income remains higher than both 'PSP' and 'WITP' levels.
Moreover, note that although both 'WITP' and 'WTP' generated comparable debt to GNP ratios, the revenue extracted from wage income taxation is much lower than the revenue obtained by wealth income taxation.