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Could More Progressive Taxes Increase Income Inequality?
Abstract: One paper posits that making taxes more progressive could boost lower-income households initially, but more money would eventually float to those with higher incomes.
Keywords: Income Taxes; Income Inequality; Tax Progressivity; Taxes;
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https://www.stlouisfed.org/on-the-economy/2020/may/could-more-progressive-taxes-increase-income-inequality
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2020-05-19