"Gender Based Taxation (GBT) satisﬁes Ramsey’s optimal criterion by taxing less the more elastic labor supply of (married) women. This holds when diﬀerent elasticities between men and women are taken as exogenous and primitive. But in this paper we also explore diﬀerences in gender elasticities which emerge endogenously in a model in which spouses bargain over the allocation of home duties. GBT changes spouses’ implicit bargaining power and induces a more balanced allocation of house work and working opportunities between males and females. Because of decreasing returns to specialization in home and market work, social welfare improves by taxing conditional on gender. When income sharing within the family is substantial, both spouses may gain from GBT."Once the "progressives" are elected, you can count on more nonsense like this being shoved down your throat from the "Ministry of Information and Truth", or whatever other collective committees the geniuses decide to put together in order to determine what you future should be.
Monday, February 18, 2008
Something to look forward to...
Gender Based Taxation (Domestic Policy):