High Inequality, Low Revenue: Redistributive Efficiency on Latin American Fiscal Policy in Comparative Perspective
There are three principal redistributive fiscal instruments available to governments in modern mixed economies: a) progressive taxes on income or assets, b) monetary transfers (social security and social assistance), and c) non- monetary transfers, or the subsidized provision of goods and services.
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Wallis Working Papers
WP3, University of Rochester - Wallis Institute of Political Economy.
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