
handle: 2078.1/4886
This paper studies voting over quadratic taxation when income is fixed and taxation non distortionary. The set of feasible taxes is compact and self-interested voters have corner preferences. We first show that, if a majority winning tax policy exists, it involves maximum progressivity. We then give a necessary and sufficient condition on the income distribution for a majority winner to exist. This condition appears to be satisfied for a large class of distribution functions.
Income Taxation, multivariate GARCH models, semiparametric methods, efficient estimation, Tax Progressivity, Majority Voting, jel: jel:C22, jel: jel:C14
Income Taxation, multivariate GARCH models, semiparametric methods, efficient estimation, Tax Progressivity, Majority Voting, jel: jel:C22, jel: jel:C14
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