Taxing the Rich

Landier, Augustin and Plantin, Guillaume (2017) Taxing the Rich. Review of Economic Studies, 84 (3). pp. 1186-1209.

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Official URL: http://tse-fr.eu/pub/32630

Abstract

Afluent households can respond to taxation with means that are not economically viable for the rest of the population, such as sophisticated tax plans and international tax arbitrage. This paper studies an economy in which an inequality-averse social planner faces agents who have access to a tax-avoidance technology with increasing returns to scale, and who can shape the risk proÖle of their income as they see fit. Scale economies in avoidance imply that optimal taxation is regressive at the top. This in turn may trigger excessive risk taking.

Item Type: Article
Language: English
Date: July 2017
Refereed: Yes
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 27 Apr 2018 07:22
Last Modified: 27 Apr 2018 07:22
OAI ID: oai:tse-fr.eu:32630
URI: http://publications.ut-capitole.fr/id/eprint/25968

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