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Die Tax Incomes Policy von Wallich und Weintraub als mikroökonomische Ergänzung der Globalsteuerung
Eine kritische Bestandsaufnahme
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 100 (1980), Iss. 6 : pp. 567–590
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Ribhegge, Hermann
Abstract
This paper analyses the influence of the Tax Incomes Policy on monetary stability, employment, and distribution of income. It is demonstrated that the intension of the tax to increase the efficiency of monetary and fiscal policy is only insufficient realised. The inefficiency of the Tax Incomes Policy is not primarily founded on its general theoretical foundation - i.e., the assumption that selective incentives are required to establish a behaviour conforming to the stabilization aims - but on the fact that the applied hypotheses about the connection of microeconomic decisions and macroeconomic results are not convincing and that the distribution aim is neglected. Furthermore, the political realization of the concept must be doubt: the Tax Incomes Policy will be rejected by the trade unions, because the possibility of incomes redistribution is excluded by the tax.