The Taxation of Income from Capital: A Comparative Study of the United States, the United Kingdom, Sweden, and West Germany

by Mervyn A. King (editor), Don Fullerton

Taxation--both corporate and personal--has been held responsible for the low investment and productivity growth rates experienced in the West during the last decade. This book, a comparative study of the taxation of income from capital in the United States, the United Kingdom, Sweden, and West Germany, establishes for the first time a common framework for analysis that permits accurate comparison of tax systems.

344 pages, Hardcover

First published April 1, 1984

About the author

Mervyn Allister King, Baron King of Lothbury, KG GBE FBA was the Governor of the Bank of England and Chairman of its Monetary Policy Committee from 2003 to 2013. He had been Deputy Governor from 1998 to 2003, Chief Economist and Executive Director from 1991, and a non-executive director of the Bank from 1990 to 1991.

King is a Fellow of the British Academy, an Honorary Fellow of King's and St John's Colleges, Cambridge and holds Honorary Degrees from Cambridge, Birmingham, City of London, Edinburgh, London Guildhall (now London Metropolitan University), London School of Economics, Wolverhampton, Worcester and Helsinki Universities. He is a Foreign Honorary Member of the American Academy of Arts and Sciences, sits on the Advisory Council of the London Symphony Orchestra, is a President of Worcestershire County Cricket Club, Honorary President of Ekenäs Cricket Club in Finland, and a Trustee of the National Gallery.

King left his office as the Governor of the Bank of England on 30 June 2013, and was replaced by Mark Carney. He was appointed a life peer by Queen Elizabeth II for 'contributions to public service'. King entered the House of Lords on 22 July 2013 as a crossbencher, taking the title Baron King of Lothbury.