Enrich the Rich!(?) - Income Tax, Income Inequalities and Economic Growth
This paper examines the effects of an income tax cut on economic growth. The way it is examined is twofold; in part through an increased savings rate and in part through increased inequalities. The former one is considered a more direct effect of the tax cut whereas the last one is considered a more indirect effect. The income tax cut is investigated under the assumptions of the Solow growth model
