Social Versus Individual Work Preferences : Implications for Optimal Income Taxation /

The benchmark optimal income taxation model of Mirrlees (1971) finds that the optimal marginal income tax rate (MIT) is always non-negative. A key model assumption is the coincidence between social and individual work preferences. This paper extends the model to allow for differences in social and i...

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Bibliographic Details
Main Author: An, Zhiyong
Other Authors: Coady, David
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ;No. 2022/062
Subjects:
Online Access:Full text available on IMF