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HOW SHOULD TAX PROGRESSIVITY RESPOND TO RISING ...


How Should Tax Progressivity Respond to Rising Income Inequality?

HOW SHOULD TAX PROGRESSIVITY RESPOND TO RISING INCOME INEQUALITY? Jonathan Heathcote. Kjetil Storesletten. Giovanni L. Violante. Working Paper 28006 http://www ...

How Should Tax Progressivity Respond to Rising Income Inequality ...

A utilitarian planner chooses higher progressivity in response to larger residual inequality but lower progressivity in response to widening skill price ...

How Should Tax Progressivity Respond to Rising Income Inequality?

A utilitarian planner chooses higher progressivity in response to larger residual inequality but lower progressivity in response to widening skill price ...

HOW SHOULD TAX PROGRESSIVITY RESPOND TO RISING ...

TECHNICAL APPENDIX: HOW SHOULD TAX. PROGRESSIVITY RESPOND TO RISING. INCOME INEQUALITY? Jonathan Heathcote. Federal Reserve Bank of Minneapolis and. CEPR.

How Should Tax Progressivity Respond to Rising Income Inequality?

How should government respond to rising inequality? • Natural policy instrument: tax/transfer policies. • Other potential tools are less direct: ...

How Should Tax Progressivity Respond to Rising Income Inequality?

When facing shifts in the income distribution like those observed in the US, a utilitarian planner chooses higher progressivity in response to larger residual ...

How Should Tax Progressivity Respond to Rising Income Inequality?

Overall, optimal progressivity is approximately unchanged between 1980 and 2016. We document that the progressivity of the actual US tax and ...

How Should Tax Progressivity Respond to Rising Income Inequality?

Overall, optimal progressivity is approximately unchanged between 1980 and 2016. We document that the progressivity of the actual US tax and transfer system has ...

How Should Tax Progressivity Respond to Rising Income Inequality?

While policy interventions other than tax policy could more directly address these issues, tax policy plays an important role, because it affects the return to ...

"How Should Tax Progressivity Respond to Rising Income Inequality ...

Special lecture of the Ph.D. of Economics and Management: "How Should Tax Progressivity Respond to Rising Income Inequality?" by Prof. Kjetil Storesletten.

Heathcote, Jonathan - Index Catalog // Research Database

The key results are that progressivity should be U-shaped in age and that the average marginal tax rate should be increasing and concave in age. These findings ...

Special lecture of the Ph.D. of Economics and Management: "How ...

of Economics and Management: "How Should Tax Progressivity Respond to Rising Income Inequality?" by Prof. Kjetil Storesletten. special lecture PhD. Kjetil ...

Why does the progressivity of taxes matter? - World Bank Blogs

Tax reforms that reduce progressivity, which are intended to improve the fiscal position of a country, could undermine tax compliance to a ...

Optimal progressivity with age-dependent taxation - ScienceDirect

The key results are that progressivity should be U-shaped in age and that the average marginal tax rate should be increasing and concave in age. These findings ...

Should the United States have made taxes more progressive to ...

And after analyzing the causes of rising income inequality, the economists further conclude that, in fact, a steady level of tax progressivity ...

How Can We Make a Progressive Tax System More Efficient?

A basic principle of public finance is that the government should decrease tax distortions on workers who are more likely to respond adversely to a rise in ...

Tax progressivity and output in the US - ScienceDirect.com

Our results show that tax progressivity reduces the economy's growth rate temporarily and the level of income per capita permanently. Both effects are sizable, ...

US Pandemic Response Impact on Inequality & Progressivity

The bottom quintile saw the largest gains in income after taxes and transfers compared to 2019, rising by about 15 percent. Since 1979, the ...

Equal Treatment and the Inelasticity of Tax Policy to Rising Inequality

We argue that tax policy typically does not respond to inequality because many voters hold equal treatment fairness beliefs for which the expectation is ...

Tax‐and‐transfer progressivity and business cycles - Jang - 2023

We show that higher progressivity induces the labor supply of the low type to respond more strongly to the aggregate shifter. This is because ...