The Optimal Income Tax When Poverty Is a Public "Bad"

The author considers poverty as an aggregate negative externality that affects people in different ways, depending on their aversion to poverty. If society is on average averse to poverty, then the optimal income tax schedule displays negative marg...

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Bibliographic Details
Main Author: Wane, Waly
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/01/439012/optimal-income-tax-poverty-public-bad
http://hdl.handle.net/10986/19854