Tassazione e distribuzione del reddito in un modello post-Keynesiano

The effects on income distribution in the presence of corporate retained profits and their taxation are studied within the framework of the well-known Pasinetti process. The taxation scheme is explicitly modeled in the light of modem fiscal systems and more precisely taking into account the so called \uab tax credit \ubb that pertains to shareholders. These aspects play an important role in the process of income distribution and particularly from the standpoint of the determination of the equilibrium rate of profit. The above analysis is a partial generalization of Steedman\u2018s finding (1972) in the area of the post-Keynesian theory of income distribution with balanced public accounts and direct taxation. This article confirms the main prediction of the Pasinetti theorem: the main determinants of income distribution are the retention coefficient and the marginal propensity to save of capitalists, whilst the marginal propensity to save of workers remains totally irrelevant