Could More Progressive Taxes Increase Income Inequality?

Laura Jackson Young, Christopher Otrok and Michael Owyang

On the Economy from Federal Reserve Bank of St. Louis

Abstract: One paper posits that making taxes more progressive could boost lower-income households initially, but more money would eventually float to those with higher incomes.

Keywords: Income Taxes; Income Inequality; Tax Progressivity; Taxes (search for similar items in EconPapers)
Date: 2020-05-19
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:88008

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