metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …

on inequality and progressivity become substantially lower when payroll taxes are reduced, which is due to increased work …

tax. We find that a more progressive income tax does not change inequality in consumption, income, or wealth across the … life cycle, but it does reduce inequality across ability types. In contrast, a wealth tax reduces inequality over the life … cycle, but slightly increases inequality across ability types. Inequality over ability types is greater concern than changes …

labor are not sufficient to cause unbounded inequality. Only savings rate differences can lead to extreme wealth …

which monitoring and penalties vary with income. It is shown that lower pre-tax income inequality as well as a less …