A Simplified Version of the Mirrlees Optimal Taxation Model
Chienkuo Technology University - Department of International Business; Chung-Hua Institution for Economic Research
August 1, 2011
Income tax is one of the most important fiscal tools and Mirrlees suggested taxing people according to their ability. This paper proves that the Mirrlees suggestions are inoperative, subjective or contradictory.
Number of Pages in PDF File: 5
Keywords: Income Tax, Compensation Principle
JEL Classification: H21, H24
Date posted: August 3, 2011 ; Last revised: August 5, 2011