jackpot rollover and lottery regressivity
نویسندگان
چکیده
منابع مشابه
1 What Jackpot ? the Optimal Lottery Tax
16, September 1999 The payout rate on lotto is normally fixed. We show that such a policy is generally suboptimal from the lotto authorities’ point of view. The payout rate should be allowed to vary according to the number of rollovers that have occurred. To illustrate our argument, we simulate and optimize an econometric model of the lotto market in Israel. We also consider whether it is profi...
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Article history: Received 16 November 2009 Received in revised form 12 August 2010 Accepted 20 August 2010 Available online 21 October 2010 JEL classification: C72 C92 D80 D84
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This paper develops a positive theory of taxation in a federation of states. Its main motivation is to explain two facts about tax schedules in the US. The first one is that states’ income tax rates are relatively low compared to federal income tax rates, in most cases below 5%. The second one is that the overall effective tax schedule at the state level is regressive in every state. The result...
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ژورنال
عنوان ژورنال: The Journal of Gambling Business and Economics
سال: 2017
ISSN: 1751-8008,1751-7990
DOI: 10.5750/jgbe.v11i1.1373