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Whats the best tax policy? Imagine that you are the economic advisor to a political candidate who is trying to decide about tax policy. Biden

Whats the best tax policy?

Imagine that you are the economic advisor to a political candidate who is trying to decide about tax policy. Biden asks you to prepare a one paragraph position paper on each of the following:

  1. Based on the distribution of personal income, should US taxes be adjusted to be:
    1. More progressive;
    2. More regressive;
    3. Keep the distribution the same?
  2. Which US taxes should be adjusted to achieve the outcome that you described in question one?

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