Lurie, Ithai Z.; Ramnath, Shanthi P. - In: National Tax Journal 64 (2011) 4, pp. 1025-38
In this paper, we explore the long-run revenue consequences of the tax deferral of contributions to 401(k)-type retirement plans. We use net present value (NPV) calculations to measure the long-run cost of contributions made in 2008. We show that the long-run NPV cost can be dramatically...