regressive tax system, a more unequal income distribution will lower the benefits obtainable from taxing the rich and thus lead …We study a majority voting model of regulation. Citizens vote on an income tax which is used to subsidize a natural … depends on the median voter's tax burden relative to the taxes paid by the mean income earner. We show how changing the income …

the incumbent party increasing transfers (tax cuts or benefits increases) during an election year to gain support from …