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A rich person who fears a loss of income may later favor redistributive taxation and a mix of taxes and public goods that differs from the one he now favors. If mobility is costly, and if government in each period uses majority voting to determine policy, then this person may prefer to live in a...
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redistribution (Stigler [36]). -- Nonlinear income taxation; electoral competitionh; Director's law; extensive zero-sum game …
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