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Popular Acceptance of Inequality Due to Brute Luck and Support for Classical Benefit-Based Taxation

Saturday, October 15, 2016 4:58
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(Before It's News)


– this post authored by Matthew Weinzieri, Harvard University

Appeared originally 24 September 2016

Tax policy to correct inequality assumes that nobody is entitled to advantages due to luck alone. But the public largely rejects complete equalisation of ‘brute luck’ inequality. This column argues that there is near universal public support for an alternative, benefit-based theory of taxation. Treating optimal tax policy as an empirical matter may help us to close the gap between theory and reality.


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