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Progressive Taxation: Applying Hayek’s Constraint

Steele, Gerald (2011) Progressive Taxation: Applying Hayek’s Constraint. The Political Quarterly, 82 (2). pp. 222-230. ISSN 0032-3179

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Abstract

That progressive taxation might offset a disproportionate burden of indirect taxes upon low income households sits at the heart of a suggestion from Friedrich Hayek. This concerns the manner in which a degree of progression might be accommodated and constrained to preclude arbitrary tax hikes upon minority income groups. While Hayek's proposal is permissive of socialist aims, it looks for efficiency in resource usage as reflected in the aspiration ‘that each should feel that in the aggregate all the collective goods which are applied to him are worth at least as much as the contribution he is required to make’.

Item Type: Article
Journal or Publication Title: The Political Quarterly
Uncontrolled Keywords: democracy ; Hayek, F. A. (1899–1992) ; income redistribution ; socialism taxation
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Economics
ID Code: 55016
Deposited By: ep_importer_pure
Deposited On: 13 Jun 2012 09:44
Refereed?: Yes
Published?: Published
Last Modified: 09 Oct 2014 13:51
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/55016

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