Read more stories about
Government >>

MATR Sponsor:


MATR Supporters:

Podcast - Can the Tax Structure Be Tweaked for Social Good?

April 14, 2018View for printing

Is it possible to use the tax structure to encourage people to take on careers that promote social good.

The American tax code is a complicated system that confounds even the most veteran policymakers. The tax structure has long been based on income, where top-tier earners pay more than those at the bottom. But some of the professions that create the greatest public good, such as teaching or medical research, offer little compensation relative to the social benefits they create.

In a recent paper, Wharton business economics and public policy professor Benjamin Lockwood examines whether it is possible to use the tax structure to encourage people to take on careers that promote social good.

It's an intriguing question right now because the public debate around taxation is pulling policymakers in different directions. Lockwood joined Knowledge@Wharton to talk about his research and how the findings add to the debate. The paper, "Taxation and the Allocation of Talent," was co-authored with Charles Nathanson, a professor of finance at Northwestern University, and E. Glen Weyl, a principal researcher at Microsoft Research New England and a visiting senior research scholar at Yale University.

http://knowledge.wharton.upenn.edu/a ... ocial-good/
No reader comments so far. Be the first to comment by clicking the button below.





Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


E-mail this page to a friend!