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Optimal Income Tax Rates for the Korean Economy

Optimal Income Tax Rates for the Korean Economy

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Abstract

Based on a quantitative, heterogeneous agent general equilibrium model, we compute the optimal tax rates for labor and capital incomes for the Korean economy. According to our model, a more progressive income tax schedule along with a higher capital tax r

Issue Date
2015-09-17
Publisher
한국개발연구원
Korea Development Institute
Language
en
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