There is now a large and complex literature on optimal income taxation, within the context of second-best welfare economics. This paper considers the potential role of this analysis in the practical design of direct tax and transfer structures. It is stressed that few results are robust, even in simple models, in view of the important role playe...

Research paper / University of Melbourne, Dept. of Economics, 0819-2642 ; no. 1063.

Title from title screen (viewed on Sept. 20, 2011)

"February 2009".

Includes bibliographical references (p. 39-42)

Mode of access: Internet via World Wide Web. Address as at 20/09/2011: http://www.economics.unimelb.edu.au/research/workingPapers.html.

System requirements: Adobe Acrobat reader to access the document in PDF format.

9780734040275

336.24