Taxation and the Veil of Ignorance--A Real Effort Experiment on the Laffer Curve.

B-Tier
Journal: Public Choice
Year: 2003
Volume: 115
Issue: 1-2
Pages: 217-40

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper we address the role of the veil of ignorance on work incentives and tax rates in a two-person real effort experiment. We find that effort levels decrease with a rise in tax rates. Tax revenues peak at intermediate tax rates of 50 percent to 65 percent, supporting the existence of a Laffer curve in taxation. Tax authorities do not exploit their power to tax in full, which is compatible both with revenue maximizing but also fair behavior. Behind the veil of ignorance, subjects care more for efficiency and restrict the power to tax more than in case their position (taxpayer or tax authority) is fixed in advance. Copyright 2003 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:115:y:2003:i:1-2:p:217-40
Journal Field
Public
Author Count
2
Added to Database
2026-01-29