The optimal progressive income tax : The existence and the limit tax rates
AbstractThe purpose of this paper is to consider the problem of optimal income taxation in the domain of progressive (convex) income tax function. This paper proves the existence of an optimal tax function and that the optimal marginal and average tax rates tend asymptotically to 100 percent as income level becomes arbitrarily high.
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Bibliographic InfoArticle provided by Elsevier in its journal Mathematical Social Sciences.
Volume (Year): 3 (1982)
Issue (Month): 2 (September)
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Web page: http://www.elsevier.com/locate/inca/505565
Other versions of this item:
- Mamoru Kaneko, 1981. "The Optimal Progressive Income Tax -- The Existence and the Limit Tax Rates," Cowles Foundation Discussion Papers 599, Cowles Foundation for Research in Economics, Yale University.
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