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This paper holistically addresses the effective (relative) income tax contribution of a given in-come (or, wealth) group. The widely acclaimed standard in public policy is the absolute benefaction of a given income group in filling up the fiscal coffers. Instead, we focus on the ratio of the...
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redistribution in democratic societies. An infinite-horizon theoretical model is developed, and the properties of the equilibrium tax … experiment is conducted to test the main comparative static predictions of the theory, and the results are generally supportive …
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