which this ratio increases coincide with those in which Democrats rule the government and there is more redistribution from … the power are characterized by a fall in the ratio and less redistribution from the rich to the rest of the population …

' policy choices by transferring money to them. We observe very high levels of redistribution – even when transfers to …

This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under …-level redistribution are substantial, but state action may still be preferred to a federal policy that is at odds with preferences of a … state pursuing additional redistribution, but not a cost at the national level …

provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …

lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system …