Taxes and pensions

Resource Information

The work Taxes and pensions represents a distinct intellectual or artistic creation found in Internet Archive - Open Library. This resource is a combination of several types including: Work, Language Material, Books.

Label

Taxes and pensions

Statement of responsibility

[by] Peter A. Diamond

Creator

• Diamond, Peter A

Contributor

• Massachusetts Institute of Technology, Dept. of Economics

Subject

• Pensions
• Income tax
• Social security

Language

eng

Summary

Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically contain neither a mandatory pension system nor the behavioral dimensions that lie behind justifications commonly offered for mandatory pensions. Conversely, optimizing models of pension design typically do not include annual taxation of labor and capital incomes. After spelling out this contrast and reviewing (and rejecting) zero taxation of capital income based on the Atkinson-Stiglitz and Chamley-Judd results, this article raises the issue of tax-favored retirement savings, a topic where the two subjects come together. Keywords: pension, income tax, social security. JEL Classifications: H21, H24, H55

Member of

• Working paper (Massachusetts Institute of Technology. Dept. of Economics), no. 09-10

Additional physical form

Abstract in HTML and working paper for download in PDF available via World Wide Web at the Social Science Research Network.

Cataloging source

MYG

Index

no index present

Literary form

non fiction

Nature of contents

• dictionaries
• bibliography
• technical reports

Series statement

Working paper series / Massachusetts Institute of Technology, Dept. of Economics

Series volume

working paper 09-10