This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed … optimal rates. Aggregate income and aggregate welfare provide only very crude lower and upper bounds around the true …

interactive information on U.S. income inequality, the link between top income tax rates and economic growth, and the estate tax …This paper analyzes the effects of information about inequality and taxes on preferences for redistribution using …. We find that the informational treatment has very large effects on whether respondents view inequality as an important …

children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain …. There is a range of incomes below average where agents oppose lasting redistributions, provided tomorrow’s expected income … is increasing and concave in today’s income. The laissez-faire coalition is larger the more concave the transition …

high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political … redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future …

redistributive taxation. In a formal model of redistribution with international migration and fiscal competition we derive the main … combining them with OECD taxation data, we find robust evidence suggesting that a) higher patriotism is associated with higher … tax burdens, and b) this relation is stronger for the upper-middle range of the income distribution. …

neither efficient economically nor efficient at redistributing income. With a focus on personal income taxes, this paper … understand why tax systems look the way they look. Finally, we exploit a database of reforms in labour taxation in the European …

We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from … inequality. We show that the optimal structure of bonuses can be implemented by a combination of a regulation on the structure of …