Nonlinear Taxation and Punishment
Author
Summary, in English
The paper analyzes nonlinear tax schedules that are identified by maximizing a welfare function represented by a weighted summation of net utilities over a set of n ≥ 3 differing individuals. It is demonstrated that some of the feasible and Pareto efficient tax schedules that satisfy self‐selection can only be identified by maximizing a welfare function of the above form if (at least) one of the individuals in the economy is assigned a negative weight.
Department/s
Publishing year
2007
Language
English
Pages
49-58
Publication/Series
International Journal of Economic Theory
Volume
3
Issue
1
Links
Document type
Journal article
Publisher
Wiley-Blackwell
Topic
- Economics
Status
Published
ISBN/ISSN/Other
- ISSN: 1742-7355