Document Type
Discussion Paper
Publication Date
8-1-1981
CFDP Number
599
CFDP 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.
Recommended Citation
Kaneko, Mamoru, "The Optimal Progressive Income Tax — The Existence and the Limit Tax Rates" (1981). Cowles Foundation Discussion Papers. 835.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/835