Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/174925
Autoren: 
Fleurbaey, Marc
Leroux, Marie-Louise
Pestieau, Pierre
Ponthiere, Grégory
Zuber, Stéphane
Datum: 
2017
Reihe/Nr.: 
CESifo Working Paper 6802
Zusammenfassung: 
While little agreement exists regarding the taxation of bequests in general, there is a widely held view that accidental bequests should be subject to a confiscatory tax. We propose to reexamine the optimal taxation of accidental bequests in an economy where individuals care about what they leave to their offspring in case of premature death. We show that, whereas the conventional 100 % tax view holds under the standard utilitarian social welfare criterion, it does not hold under the ex post egalitarian criterion, which assigns a strong weight to the welfare of unlucky short-lived individuals. From an egalitarian perspective, it is optimal not to tax, but to subsidize accidental bequests. We examine the robustness of those results in a dynamic OLG model of wealth accumulation, and show that, whereas the sign of the optimal tax on accidental bequests depends on the form of the joy of giving motive, it remains true that the 100 % tax view does not hold under the ex post egalitarian criterion.
Schlagwörter: 
mortality
accidental bequests
optimal taxation
egalitarianism
OLG models
JEL: 
D63
D64
D91
H31
J10
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
313.04 kB





Publikationen in EconStor sind urheberrechtlich geschützt.