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Unanimously Agreeable and Fundamentally Fair (Constitutional) Tax Policy

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Unanimously Agreeable and Fundamentally Fair (Constitutional) Tax Policy Dear President Trump, The Journal of Finance (1989) paper on optimal bank foreclosure policy - which led to enactment unprecedented bank foreclosure rule in the FDICIA1991 - is the first paper that formally models...

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Unanimously Agreeable and Fundamentally Fair (Constitutional) Tax Policy

Dear President Trump,

The Journal of Finance (1989) paper on optimal bank foreclosure policy - which led to enactment unprecedented bank foreclosure rule in the FDICIA1991 - is the first paper that formally models for-profit government with an objective to minimize its cost of operation (to be efficient) should set policies.

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