Abstract
What is considered equitable when it comes to increase in tax payments as income increases? In spite of the importance of “vertical equity in taxation”, economic theory has not been successful in proving its theoretical foundation regarding how the exact amount of increase of tax payment can be assessed in practice while maintaining the vertical equity among different income groups.
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Murakami, M., Asano, S., Shimono, K. (1996). Equity in the Income Tax Rate Structure: Measurement on the Income Elasticity of Marginal Utility and Its Application. In: Sato, R., Ramachandran, R., Hori, H. (eds) Organization, Performance and Equity. Research Monographs in Japan-U.S. Business & Economics, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6267-2_7
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DOI: https://doi.org/10.1007/978-1-4615-6267-2_7
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