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https://doi.org/10.1080/1331677X.2022.2142828

Technological progress and optimal income taxation

Insook Lee


Puni tekst: engleski pdf 2.442 Kb

preuzimanja: 125

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Sažetak

Facing technological progress, how should a government reform
income taxation? To address this question, optimal capital and
labor income taxation is obtained for an economy of heterogeneous
individuals. Technological progress raises optimal capital
income tax rate and lowers optimal average marginal labor
income tax rate if it is capital-biased by increasing relative capital
productivity. Technological progress does the opposite if it is
labor-biased by decreasing relative capital productivity. Neither
capital-biased nor labor-biased technological progress affects optimal
slope of labor income tax rate schedule. Technological progress
does not affect optimal income taxation if it is unbiased by
preserving relative capital productivity.

Ključne riječi

Capital-biased technological progress; unbiased technological progress; optimal income taxation; relative capital productivity

Hrčak ID:

306800

URI

https://hrcak.srce.hr/306800

Datum izdavanja:

30.4.2023.

Posjeta: 330 *