Optimal taxation of top labor incomes: A tale of three elasticities

Piketty, Thomas   Saez, Emmanuel & Stantcheva, Stefanie.

As protesters occupy Wall Street and cities around the world decrying the disparity between the top 1% and the remaining 99%, CEPR DP8675 investigates the link between skyrocketing inequality and top tax rates in OECD countries. The authors find a strong correlation between tax cuts for the highest earners and increases in the income share of the top 1% since 1975.

Πηγή: CEPR

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