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Optimal Taxation in Theory and Practice

Author

Listed:
  • N. Gregory Mankiw
  • Matthew Weinzierl
  • Danny Yagan

Abstract

The optimal design of a tax system is a topic that has long fascinated economic theorists and flummoxed economic policymakers. This paper explores the interplay between tax theory and tax policy. It identifies key lessons policymakers might take from the academic literature on how taxes ought to be designed, and it discusses the extent to which these lessons are reflected in actual tax policy.

Suggested Citation

  • N. Gregory Mankiw & Matthew Weinzierl & Danny Yagan, 2009. "Optimal Taxation in Theory and Practice," Journal of Economic Perspectives, American Economic Association, vol. 23(4), pages 147-174, Fall.
    • Handle: RePEc:aea:jecper:v:23:y:2009:i:4:p:147-74
    Note: DOI: 10.1257/jep.23.4.147
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation

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