The leaks are attributed to the administrative costs of taxation, the incentive effects on work for both those paying the taxes and those receiving the redistributed income, and from the resources used for tax avoidance. For many, this has become an economic law used to resist any attempt to address inequality.
CITATION STYLE
Thoma, M. (2017). Okun’s equality-efficiency trade-off. In Economic Ideas You Should Forget (pp. 147–148). Springer International Publishing. https://doi.org/10.1007/978-3-319-47458-8_63
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