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: | Tsirlin M, Ahremenkov A |
Keywords: | taxation |
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.