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"We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see their ability as high may also like redistributive taxation because it stops other people receiving education and increases the quasi rents on their own human capital. It is surprising that this rather indirect effect can overcompensate them for the income loss from taxation and make the overconfident want higher taxes than the less confident do. The results, however, turn out to be in line with empirical evidence on the desired amount of redistribution among young individuals"--Forschungsinstitut zur Zukunft der Arbeit web site.
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Subjects
Distributive justice, Human capital, Income distribution, TaxationShowing 1 featured edition. View all 1 editions?
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Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/25/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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Feedback?December 13, 2020 | Edited by MARC Bot | import existing book |
December 5, 2010 | Edited by Open Library Bot | Added subjects from MARC records. |
December 10, 2009 | Created by WorkBot | add works page |