Optimal taxation of top labor incomes: A tale of three elasticities

Emmanuel Saez, Stefanie Stantcheva, Thomas Piketty, Mon, 12/05/2011

As protesters occupy Wall Street and cities around the world decrying the disparity between the top 1% and the remaining 99%, CEPR DP8675 investigates the link between skyrocketing inequality and top tax rates in OECD countries. The authors find a strong correlation between tax cuts for the highest earners and increases in the income share of the top 1% since 1975.

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URL:  http://www.cepr.org/DP8675

Topics:  Poverty and income inequality Taxation

Tags:  income inequality, optimal taxation

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