CFDP 599

The Optimal Progressive Income Tax — The Existence and the Limit Tax Rates

Author(s): 
Mamoru Kaneko

Publication Date: August 1981

Pages: 44

Abstract: 

The purpose of this paper is to consider the problem of optimal income taxation in the domain of progressive (convex) income tax function. This paper proves the existence of an optimal tax function and that the optimal marginal and average tax rates tend asymptotically to 100 percent as income level becomes arbitrarily high.

See CFP: 558