The income tax is a much less effective tool for reducing inequalities than has often been thought.


p. 208 - An exploration in the theory of optimum income taxation, 1971


The income tax is a much less effective tool for reducing inequalities than has often been thought.

The income tax is a much less effective tool for reducing inequalities than has often been thought.

The income tax is a much less effective tool for reducing inequalities than has often been thought.

The income tax is a much less effective tool for reducing inequalities than has often been thought.