The purpose of the present note is to explore the structure of optimal income taxation/redistribution in an economy …, of course, an additional incentive for income redistribution from wealthy to poor citizens is created and the logical … income distribution and its interaction with the elasticity of the marginal utility of consumption; of course, "labor supply …

income above the 50 percent bracket amount. The current law fails to meet this objective for the vast majority of these …

Knowing the elasticity of taxable income (ETI) is crucial for understanding the effects of taxation on taxpayer … individuals can shift income across tax bases and thereby defer taxation. We decompose the elasticity of taxable income into a … shifting decreases the welfare loss from personal income taxation associated with previous estimates …

I present new quasi-experimental evidence on the relationship between tax policies and the distribution of income. I … focus on the twentieth century United States, and on the personal income tax, since its inception. I study three major … policy events that, as the existing literature shows, significantly raised the revenues from the income tax: the introduction …

We ask: what are the most efficient means of redistribution in an unequal society? We answer this question by … characterizing the optimal shape of non-linear income and wealth taxes in a dynamic general equilibrium model with uninsurable … idiosyncratic risk. Our analysis reproduces the distribution of income and wealth in the United States and explicitly takes into …

The marginal social value of income redistribution is understood to depend on both the concavity of individuals … welfare functions, including particular versions that appear in the optimal income taxation literature …' utility functions and the concavity of the social welfare function. In the pertinent literatures, notably on optimal income …

The federal income tax and major welfare programs do not take into account significant cost-of-living variations among …

efficiency losses without achieving any net redistribution of income … redistribute income. Since individuals can avoid unfavorable taxes by migrating to jurisdictions that offer more favorable tax … to the changing tax environment. Thus, states cannot redistribute income for a period of even a few years. The adjustment …

redistribution accomplished through the income tax system -- even though the latter distorts incentives to work. In particular. a …? This article demonstrates that redistribution accomplished through legal rules is systematically less efficient than … regime with an inefficient legal rule can be replaced by a regime with an efficient legal rule and a modified income tax …