Conesa, Juan Carlos; Krueger, Dirk - Center for Financial Studies - 2005
deduction of about $9,400. The steady state welfare gains from a fundamental tax reform towards this tax system are equivalent …%) would experience welfare gains, suggesting that such fundamental income tax reform is not only desirable, but may also be … feasible.
JEL Classification: E62, H21, H24
Keywords: Progressive Taxation, Optimal Taxation, Flat Taxes, Social …