More unequal income but less progressive taxation
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DOI: 10.1016/j.jmoneco.2020.07.005
Abstract: Abstract Income tax in the U.S. has become less progressive since the late 1970s in spite of rising income inequality. Why? Modeling policy makers as a Ramsey government that may weight heterogeneous households differently, I… read more here.
Keywords: income less; progressive taxation; income tax; unequal income ... See more keywords