Inequality, Bipolarization, and Tax Progressivity
نویسندگان
چکیده
The steady rise in income and wealth inequality the last four decades, together with evolution of a vanishing middle class, has raised concerns about potentially pernicious effects these trends on social stability economic growth. This paper evaluates possibility designing tax systems aimed at reducing bipolarization. Using two fundamentally different metrics, we provide unified foundation progressivity whereby, roughly, taxes are progressive if only they reducing; bipolarization reducing. (JEL D31, H22, H24)
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ژورنال
عنوان ژورنال: American Economic Journal: Microeconomics
سال: 2021
ISSN: ['1945-7669', '1945-7685']
DOI: https://doi.org/10.1257/mic.20190111