Bandyopadhyay, Sanghamitra; Esteban, Joan - London School of Economics and Political Science; … - 2009
adjusted. Thisadjustment consists of designing the income tax schedule that, given the expenditurepolicy, achieves consensus … among the population. The model determines theconsensus income tax schedule, the composition of public expenditure and the …-rich bias in public expenditure, and positively ornegatively related to the marginal income tax, depending on substitutability …