A reconsideration of the optimal income tax

This paper develops a formula for the optimal nonlinear income tax, the terms of which are familiar from the theory of linear income taxation. The development uses the idea of a perturbation of the optimal schedule and is based upon as assumption of differentiability. It is also shown that the intro...

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Bibliographic Details
Main Author: Roberts, K
Format: Working paper
Published: University of Oxford 2000