This paper explores the revenue-raising aspect of progressive taxation and derives, on the basis of a simple model, the optimal degree of tax progressivity wher
Tax systems raise large amounts of revenue for funding public sector's activities, and tax/transfer policy, together with public provision of education, health
The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is
Inequality can be addressed through a combination of social service provision, social transfers and taxation. Looking at the past two decades, this paper examin
There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the