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function, and on how the government weights the welfare of heterogeneous agents. All in all, it might be desirable to tax …
Persistent link: https://www.econbiz.de/10010264609
Atkinson and Stiglitz show that with weakly separability, differential commodity taxes are unnecessary given an optimal nonlinear income tax. Deaton showed that with an optimal linear progressive income tax, commodity taxes are superfluous under weakly separable and linear Engel curves. Using...
Persistent link: https://www.econbiz.de/10010280641