The German Income Tax Reform 2000, which announced a reduction in income tax rates to beimplemented in a series of three stages, was welcomed by the public as a step towards unleashinglurking growth potentials. Nonetheless, in the course of the year 2001 a dispute arose, centeringaround the...

The German Income Tax Reform 2000 was welcomed by the public asa step towards unleashing lurking growth potentials. Nonetheless, in thecourse of the year 2001a dispute arose, centering around the question,whether or not the later stages of the German Income Tax Reform shouldbe brought forward as...

Presuming an ageing population, every introduction of a pay-as-you-go schemecauses intergenerational redistribution in favor of the first generations and to theburden of young and future generations. Using the concept of internal rates ofreturn we want to examine the extent to which the first...