Redistributive effects of minimal equal sacrifice taxation. (Q1810428)
From MaRDI portal
 | This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use this page instead for the normal view: Redistributive effects of minimal equal sacrifice taxation. |
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Redistributive effects of minimal equal sacrifice taxation. |
scientific article |
Statements
Redistributive effects of minimal equal sacrifice taxation. (English)
0 references
9 June 2003
0 references
This paper shows that minimal equal sacrifice taxation, taxes are set in such a way that the utility sacrifice is equated across individuals, reduces after-tax income inequality (monotonically with the tax revenue to be raised) if, and only if, the elasticity of the marginal utility of income is decreasing. After tax inequality declines as the utility function becomes more concave.
0 references
progressive taxation
0 references
income inequality
0 references
