Bjertnæs, Geir H. M. - 2020
Several studies show cases where the Samuelson rule holds, or where the marginal cost of public funds (MCF) equals one … within optimized tax systems. The conditions for the original Samuelson rule to hold in these studies are quite restrictive … is below the supply obtained by the Samuelson rule. The study further shows that income taxation below optimum requires …