The progressive tax

Estrada, Fernando (2010): The progressive tax.

Abstract

This article describes the argumentative structure of Hayek on the relationship between power to tax and the progressive tax. It is observed throughout its work giving special attention to two works: The Constitution of Liberty (1959) and Law, Legislation and Liberty, vol3; The Political Order of Free People, 1979) Hayek describes one of the arguments most complete information bout SFP progressive tax systems (progressive tax). According to the author the history of the tax progressive system, works against such a tax model and deploys a variety of arguments in his favorite spot by critics: liberal democracy.

• Item Type: MPRA Paper
• Language: English
• Keywords: : Progressive Tax, Power to Tax, Redistribution, Government, Democracy, Hayek
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O23 - Fiscal and Monetary Policy in Development; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E64 - Incomes Policy ; Price Policy; B - History of Economic Thought, Methodology, and Heterodox Approaches > B3 - History of Economic Thought: Individuals; B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B13 - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Stockholm School); E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E60 - General

References

Burnside/Eichenbaum/Fisherc, (2004), “Fiscal shocks and their consequences”, Journal of Economic Theory, 115, 89–117.

Caldwell, Bruce (2003), Hayek’s Challenge: An Intellectual Biography of F. A. Hayek, Chicago, IL: University of Chicago Press, pp. 500.

Damjanovic, T., D. Ulph, (2009), “Tax progressivity, income distribution and tax non-compliance”, European Economic Review.

De Vecchi, Nicholó. (2006), “Hayek and the General Theory”, Euro. J. History of Economic Thought 13:2 233 – 258.

Dromel, Nicolas and Patrick Pintus, (2008) “Are Progressive Income Taxes Stabilizing?” Journal of Public Economic Theory, 10 (3), pp. 329–349.

Ebenstein, Alan Hayek’s Journey: The Mind of Friedrich Hayek (London: Palgrave Macmillan, pp. 288.

Elster, Jon, (1990), Tuercas y tornillos. Una introducción a los conceptos básicos de las ciencias sociales, Barcelona, Gedisa.

Elster, Jon, (1996), Egonomics. Análisis de la interacción entre racionalidad, emoción, preferencias y normas sociales en la economía de la acción individual y sus desviaciones, Barcelona, Gedisa.

Elster, Jon, (2002), Ulises desatado. Estudios sobre racionalidad, precompromiso y restricciones, Barcelona, Gedisa.

Estrada. Fernando, (2006), “Dialéctica en la Argumentación Económica”, Revista Economía Institucional, Bogotá, Universidad Externado de Colombia.

Estrada, Fernando, (2010a), Antinomies of Capitalism: Review of Globalization and Its Discontents, Joseph Stiglitz, Available at SSRN: http://ssrn.com/abstract=1535945

Estrada, Fernando, (2010b), Electoral System and Political Parties - Preliminary Notes to the Colombia Case, Available at SSRN: http://ssrn.com/abstract=1546559

Estrada, Fernando, (2006), Argumentation Schemes in Economics. OPERA, No. 8, pp. 149-174, 2006. Available at SSRN: http://ssrn.com/abstract=1517942

Farrant, Andrew, Edward McPhail, (2009), “Hayek, Samuelson, and the logic of the mixed economy?”. T. Damjanovic, D.Ulph, European Economic Review.

Fausto, Domenicantonio, (2008), “The Italian theories of progressive taxation”, Euro. J. History of Economic Thought 15:2 293–315.

Hashi Irah, Jan Mladek, (2000), “Fiscal and Regulatory Impediments to the Entry of New Firms in Five Transition Economies”, Journal of East-West Business, Vol. 6(2), pp. 59 – 94.

Hayek, Friedrich A. (1960) The Constitution of Liberty, London and Henley: Routledge and Kegan Paul. (Traducción en español: (2008) Los Fundamentos de la Libertad, Octava Edición, Unión Editorial, Madrid, p. 426.)

Hayek, Friedrich A. (1976), Law, Legislation and Liberty, Vol. 111: The Mirage of Social Justice, London: Routledge & Kegan Paul.

Hayek, Friedrich, A. (1988), The Fatal Conceit: The Errors of Socialism (The Colllected Works of Friedrich August Hayek, Volume I) Routledge y Chicago University Press.

Hayek, Friedrich A. (2001), Principios de un orden social liberal, Unión Editorial, S. A. Madrid.

Hayek, Friedrich A. (2006), The Road to Serfdom: Text and Documents— The Definitive Edition, University of Chicago Press, 2007. (En español: Camino de servidumbre, Madrid, Alianza Editorial.

Hayek, Friedrich A. (2008) Los Fundamentos de la Libertad, Octava Edición, Unión Editorial, Madrid, p. 426.

Keen, Michael Harry Papapanagos and Anthony Shorrocks, “Tax Reform and Progressivity”, The Economic Journal, 110, 50-68.

Klein, Daniel B: The Smith, 2007: Hayek Economist: From Character to identity”, Institute of Economic Affairs. 5 pages.

Lombardo, Giovanni, Alan Sutherland, (2004): “Monetary and fiscal interactions in open economies”, Journal of Macroeconomics 26, 319–347.

Macmillan Dictionary of Modern Economics, (1992): publicado bajo la dirección de David W. Pearce, Macmillan Press Ltd.

Mankiw, N. Gregory and Matthew Weinzierl, (2009), The Optimal Taxation of Height:, A Case Study of Utilitarian Income Redistribution. Harvard University.

Moldofsky, Naomi, (1985), “Open Society: Hayek vs. Popper?”, Economic Affairs.

Nozick, Robert, Anarchy and State and Utopia, (1974), Cambridge, University Press,

Piketty/Saenz, (2006), “The Evolution of Top Incomes: A Historical and International Perspective”, AEA Papers and Proceedings, pp. 200 – 205.

Rawls, John, (1971), Theory of the Justice, Cambridge, Harvard, University Press (Traducción en español: ([1995] Teoría de la Justicia, México, Fondo de Cultura Económica).

Samuelson, Paul, (2009), “Personal report, A few remembrances of Friedrich von Hayek (1899–1992)”, Journal of Economic Behavior & Organization 69, pp. 1 – 4.

Samuelson, Paul, (1985), “Reforma Fiscal” (27 de septiembre de 1976) en Economía desde el corazón, Un muestrario de Samuelson, Orbis Barcelona, 1985.

Seligman, Edwin R. A, (1913): Progressive Taxation in Theory and Practice, 1894. (la traducción al español: El impuesto progresivo en la teoría y en la práctica, Trad. I. Víctor Paret, Madrid [en la Biblioteca de la Universidad Externado de Colombia, Clasificado: 336.293.

Steele, G. R. Friedrich A. Hayek, (2008), “The Complete Economist”, Institute of Economic Affairs, pp. 67 – 69.

Steigerwald, Douglas G. and Charles Stuart: (1997), “Econometric Estimation of foresight: Tax Policy and Investment in the United States”, The Review of Economics and Statistics, by the President and Fellows of Harvard College and the Massachusetts Institute of Technology, pp. 32 – 40.

Wenli and Pierre-Daniel Sarte, (2004): Progressive Taxation and Long-Run Growth. The American Economic Review, 2004

Witztum, Amos, (2008): “Smith's theory of actions and the moral significance of unintended”, The European Journal of the History of Economic Thought, 15:3 401–432.