Hairault, Jean-Olivier; Desbonnet, Audrey - Université Paris-Dauphine (Paris IX) - 2010
This paper studies the impact of the progressivity of income and inheritance tax on wealth inequality in France. By … inheritance-tax progressivity in reducing wealth inequality. Income-tax progressivity reduces income risk. The precautionary … saving of the wealthiest agents decreases and wealth inequality narrows. Inheritance-tax progressivity does not modify income …