{"id":7960,"date":"2023-07-23T08:02:42","date_gmt":"2023-07-23T12:02:42","guid":{"rendered":"https:\/\/creei.ca\/premature-deaths-accidental-bequests-and-fairness\/"},"modified":"2023-11-23T13:37:17","modified_gmt":"2023-11-23T18:37:17","slug":"premature-deaths-accidental-bequests-fairness","status":"publish","type":"page","link":"https:\/\/creei.ca\/en\/premature-deaths-accidental-bequests-fairness\/","title":{"rendered":"Premature Deaths, Accidental Bequests and Fairness"},"content":{"rendered":"
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Short summary:<\/div>\n
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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 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 \u201cutilitarian social welfare\u201d criterion, it does not hold under the \u201cex post egalitarian\u201d criterion, which assigns a strong weight to the welfare of unlucky short-lived individuals. Under the latter, it is optimal to subsidize accidental bequests, rather than tax them. We also show that, although the sign of an optimal tax depends on the form of the \u201cjoy of giving\u201d motive, it remains true that the 100 %-tax view does not hold under the ex post egalitarian criterion.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Publication Authors: Marc Fleurbaey, Marie-Louise Leroux, Pierre Pestieau, Gr\u00e9gory Ponthi\u00e8re et St\u00e9phane Zuber<\/div>\n<\/div>\n
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Number: 17-04<\/div>\n<\/div>\n
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File: \"PDF cahier_17_04_premature_deaths_accidental_bequests_fairness.pdf<\/a><\/div>\n<\/div>\n
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Year: 2017<\/a><\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>
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