Revisiting the Classical View of Benefit‐based Taxation
Bibliographic Data
| ID | 9714948 |
|---|---|
| Authors | Matthew Weinzierl (Harvard Business School, corresponding author) |
| Year | 2018 |
| Volume | 128 |
| Issue | 612 |
| Pages | F37-F64 |
| Publication date | 2018-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12462 |
| OpenAlex | W3023513407 |
| Language | EN |
| Citations received | 7 |
| References cited | 49 |
This article incorporates into modern optimal tax theory the classical logic of benefit‐based taxation in which an individual's benefit from the activities of the state is tied to his or her income‐earning ability. First‐best optimal policy is characterised analytically as depending on a few potentially estimable statistics. Constrained optimal policy, with a Pareto‐efficient objective that trades off this principle and conventional utilitarianism, is simulated using conventional constraints and methods. A wide range of optimal policy outcomes can result, including those that match well several features of existing policies. This analysis thereby contributes to the theory of positive optimal taxation
Econometrics · Economics · Mathematical economics · Mathematical optimization · Microeconomics · Multi-objective optimization · Optimal tax · Outcome (game theory · Pareto optimal · Pareto principle · Public economics · Range (aeronautics · Tax policy · Tax reform · Utilitarianism · Engineering · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Mathematics · Taxation and Compliance Studies
The Taxpayer Netizen
The moral force of the benefit principle
Can taxes raise output and reduce inequality? The case of lobbying
Revealing inequality aversion from tax policy and the role of non‐discrimination
Perceptions of Inherited Wealth and the Support for Inheritance Taxation
The principles of land value capture in the perspective of Georgist political economy
Compensation and Tax Fairness
Public Input Provision in an Optimal Income Tax Model
Justice as Fairness
An Exploration in the Theory of Optimum Income Taxation
An Inquiry into the Nature and Causes of the Wealth of Nations
Lectures on Public Economics
Endowment and Inequality
How Much Redistribution Should There Be?
A Theory of Justice
Anarchy, State, and Utopia
The economics of “tagging” as applied to the optimal income tax, welfare programs, and manpower planning
Anarchy, State, and Utopia
The Pure Theory of Public Expenditure
Diagrammatic Exposition of a Theory of Public Expenditure
The Myth of Ownership
Any Non‐welfarist Method of Policy Assessment Violates the Pareto Principle
The Theory of Taxation
Progressive Taxation in Theory and Practice
Progressive Taxation in Theory and Practice
Classics in the Theory of Public Finance
| Unique citing works | 7 |
|---|---|
| Citations per year | 1,17 |
| Citation span | 2020 - 2026 (7) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 7 |