Entrepreneurship, inequality and taxation / by Césaire Assah Meh. : FB3-2/102-14E-PDF
This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States. This surprising result arises because entrepreneurial activities moderate the effects of the policy change on the wealth distribution.--Abstract
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| Department/Agency | Bank of Canada. |
|---|---|
| Title | Entrepreneurship, inequality and taxation / by Césaire Assah Meh. |
| Series title | Bank of Canada working paper1701-93972002-14 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Other formats | Paper-[English] |
| Note(s) | "This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States. This surprising result arises because entrepreneurial activities moderate the effects of the policy change on the wealth distribution."--Abstract. The ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication. Résumé en français. |
| Publishing information | Ottawa - Ontario : Bank of Canada May 2002. |
| Description | 56p.references, tables |
| ISSN | 1701-9397 |
| Catalogue number |
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| Subject terms | Entrepreneurship Fiscal policy Taxes |