Entrepreneurship, inequality and taxation / by Césaire Assah Meh. : FB3-2/102-14E-PDF

This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States. This surprising result arises because entrepreneurial activities moderate the effects of the policy change on the wealth distribution.--Abstract

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Publication information
Department/Agency Bank of Canada.
Title Entrepreneurship, inequality and taxation / by Césaire Assah Meh.
Series title Bank of Canada working paper1701-93972002-14
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Other formats Paper-[English]
Note(s) "This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States. This surprising result arises because entrepreneurial activities moderate the effects of the policy change on the wealth distribution."--Abstract.
The ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication.
Résumé en français.
Publishing information Ottawa - Ontario : Bank of Canada May 2002.
Description 56p.references, tables
ISSN 1701-9397
Catalogue number
  • FB3-2/102-14E-PDF
Subject terms Entrepreneurship
Fiscal policy
Taxes
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