Reducing income inequality is, in the eyes of many, one of the major political issues of this time. The conventional … political approach to reduce income inequality is to raise taxes for the wealthy and redistribute the proceeds to the poor. This … approach finds support in the economic literature, which postulates that redistribution through the tax system is more …

This paper explores the revenue-raising aspect of progressive taxation and derives, on the basis of a simple model, the … poor. The paper shows that not only would it be optimal to finance the targeted transfers with progressive taxation, but … that the optimal progressivity increases unambiguously with growing income inequality. This conclusion holds up under …

Aim: The purpose of this paper is to bring together theory and policy of (personal) income distribution on the one hand …. Limitations of the research: The implication of the research is that long before government intervenes income distribution via …

The purpose of the present note is to explore the structure of optimal income taxation/redistribution in an economy …, of course, an additional incentive for income redistribution from wealthy to poor citizens is created and the logical … income distribution and its interaction with the elasticity of the marginal utility of consumption; of course, "labor supply …

The purpose of the present note is to explore the structure of optimal income taxation/redistribution in an economy …, of course, an additional incentive for income redistribution from wealthy to poor citizens is created and the logical … income distribution and its interaction with the elasticity of the marginal utility of consumption; of course, "labor supply …