Weller, Christian E.; Rao, Manita - 2008
constraints. To overcome this dilemma, policymakers may consider alternatives, such as progressive income taxation, that could … taxation and economic stability, economic growth, inequality and fiscal policy. Based on data from 1981 to 2002, we find that … progressive taxation provides policymakers with the ability to conduct countercyclical fiscal policies, which in turn contributes …
