Meet the Oligarchs: Business Legitimacy and Taxation at the Top

Rafael Di Tella, Juan Dubra () and Alejandro Lagomarsino

Journal of Law and Economics, 2021, vol. 64, issue 4, 651 - 674

Abstract: We study the causal impact of trust in business elites and trust in government on preferences for taxation at the top. Using new survey data, we find that distrust causes an increase in desired taxes on the top 1 percent. For example, our distrust-in-business-elites treatment leads to an increase in desired taxes on the top 1 percent of 2.4 percentage points (it closes 27 percent of the Democrat-Republican gap in tax preferences) when trust in government is low; a similar result is obtained for our distrust-in-government treatment.

Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1086/714216 (application/pdf)
http://dx.doi.org/10.1086/714216 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jlawec:doi:10.1086/714216

Access Statistics for this article

More articles in Journal of Law and Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().