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Climate change and rising income inequality: Is ultra-progressive tax a solution?

The climate crisis and rise in income inequality have created support for progressive taxes with a top marginal tax rate above 50%. Three strands of literature are discussed to show this trend: (1) climate change, (2) income inequality, and (3) taxing the wealthy. Thoughtful flaws are noted in the current paper, especially by giving special attention to growing call for a tax on the wealthy to pay for the fight against climate change and reduce income inequality.


Citation: 

Nadirov, O., Dehning, B., & Vychytilova, J. (2019). Climate Change and Rising Income Inequality: Is Ultra-Progressive Tax a Solution?. ASERC Journal of Socio-Economic Studies, 2(2), 88-93. DOI:10.30546/2663-7251.2.2.88