A Note on Equal Proportional Sacrifice
Richard Cebula ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This theoretical note proves a theorem on income tax rates. In particular, it proves that if the marginal utility of income is declining as income rises and if the relationship is represented by a rectangular hyperbola, under the equal proportional sacrifice principle, the tax rate will always be proportional.
Keywords: equal proportional sacrifice principle; proportional income tax rate (search for similar items in EconPapers)
JEL-codes: H22 H24 H31 (search for similar items in EconPapers)
Date: 1976-03-21
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Citations:
Published in The American Economist 1.21(1977): pp. 72
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Journal Article: A Note on Equal Proportional Sacrifice (1977) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52027
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