The Logarithmic Progressive Income Tax

• Autores: Lawrence Briskin
• Localización: Journal of income distribution, ISSN 0926-6437, Vol. 22, Nº. 1, 2013, págs. 70-88
• Idioma: inglés
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• Resumen

  • Until now the progressivity of the personal income tax has been arbitrarily set by Congress. Here we propose that logarithmic progression in the form t/g = M log g + B, should be used. With the logarithmic progression, everyone at all income levels is subject to the same progressivity. At all income levels, if income changes by x per cent, the tax rate changes by y percent. By modifying the constants M and B, the formula can be adapted to the varying needs of the economy.