A tax consumption regulator in an open economic system

A tax consumption regulator in an open economic system

0.00 Avg rating0 Votes
Article ID: iaor20111333
Volume: 71
Issue: 12
Start Page Number: 2613
End Page Number: 2619
Publication Date: Dec 2010
Journal: Automation and Remote Control
Authors: ,
Keywords: taxation
Abstract:

We consider a mathematical model for an open economic system including a tax regulator that collects taxes in order to control consumption flows. We show that increasing the tax rate above a certain threshold value leads to growing social disparity.

Reviews

Required fields are marked *. Your email address will not be published.