Review Note
Last Update: 07/12/2024 05:17 PM
Current Deck: opttax
Published
Fields:
Front
What is a directly progressive tax? What does it need to satisfy? Is this satisfaction necessary/sufficient for progressivtiy? Is a negative income tax directly progressive or not?
Back
directly progressive tax is progressive and satisfies 𝑇′′(𝑦) > 0.
𝑇′′(𝑦) > 0 is neither necessary nor sufficient for progressivity.
A negative income tax is progressive, but not directly progressive.
Tags:
Suggested Changes:
Deck Changes (Suggestion to move the Note to the following Deck):
Field Changes:
Tag Changes: