Federal Reserve Bank of Richmond: "How Can We Make a Progressive Tax System More Efficient?"
October 29, 2024
October 29, 2024
RICHMOND, Virginia, Oct. 29 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 24-26) in August 2024 by Marios Karabarbounis entitled "How Can We Make a Progressive Tax System More Efficient?"
Here are excerpts:
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In the U.S., income tax rates rise as households earn more. However, such a system means workers have a reduced incentive to increase their earnings. In this article, I discuss a finding from on . . .
Here are excerpts:
* * *
In the U.S., income tax rates rise as households earn more. However, such a system means workers have a reduced incentive to increase their earnings. In this article, I discuss a finding from on . . .