This essay discusses the policy debate concerning optimal taxation and the distribution of income. It begins with a brief overview of trends in income inequality, the leading hypothesis to explain these trends, and the distribution of the tax burden. It then considers the framework that economists use to address the normative problem of designing tax systems. The conventional utilitarian approach is found to be wanting, as it leads to prescriptions that conflict with many individuals’ moral intuitions. The essay then explores an alternative normative framework, dubbed the Just Deserts Theory, according to which an individual’s compensation should reflect his or her social contribution.
This paper critiques the notion that unfettered inequality is an inevitable consequence of contempor...
There are important and growing concerns about income inequality in the United States and other high...
Economic inequality threatens America’s constitutional democracy. Beyond obvious harms to our nation...
This essay discusses the policy debate concerning optimal taxation and the distribution of income. I...
The United States witnessed an increase in pre-tax inequality, a rise in the wealth-to-income ratio,...
In reviewing tax policy as a whole, the current system is grossly imbalanced. Although the structure...
Professor Martin J. McMahon, Jr.\u27s Article on the Matthew effect presents an important and timely...
This article is the third in a series examining the continued relevance and philosophical legitimacy...
The one-hundredth anniversary of the estate tax provides an ideal moment to reflect on the role of w...
The growing acceptance of neoliberal tax cuts, concessions in redistribution and increasing inequali...
What should be done about rising income and wealth inequality? Should the design and adoption of leg...
The estate tax was enacted because of concerns about the impact of large concentrations of dynastic ...
Should legal rules be used to redistribute income? Or should income taxation be the exclusive means ...
In recent decades, income and wealth inequality have become increasingly prominent issues in many de...
The author shows that a progressive income tax has had little effect on after-tax income inequality....
This paper critiques the notion that unfettered inequality is an inevitable consequence of contempor...
There are important and growing concerns about income inequality in the United States and other high...
Economic inequality threatens America’s constitutional democracy. Beyond obvious harms to our nation...
This essay discusses the policy debate concerning optimal taxation and the distribution of income. I...
The United States witnessed an increase in pre-tax inequality, a rise in the wealth-to-income ratio,...
In reviewing tax policy as a whole, the current system is grossly imbalanced. Although the structure...
Professor Martin J. McMahon, Jr.\u27s Article on the Matthew effect presents an important and timely...
This article is the third in a series examining the continued relevance and philosophical legitimacy...
The one-hundredth anniversary of the estate tax provides an ideal moment to reflect on the role of w...
The growing acceptance of neoliberal tax cuts, concessions in redistribution and increasing inequali...
What should be done about rising income and wealth inequality? Should the design and adoption of leg...
The estate tax was enacted because of concerns about the impact of large concentrations of dynastic ...
Should legal rules be used to redistribute income? Or should income taxation be the exclusive means ...
In recent decades, income and wealth inequality have become increasingly prominent issues in many de...
The author shows that a progressive income tax has had little effect on after-tax income inequality....
This paper critiques the notion that unfettered inequality is an inevitable consequence of contempor...
There are important and growing concerns about income inequality in the United States and other high...
Economic inequality threatens America’s constitutional democracy. Beyond obvious harms to our nation...