Many countries have tax facilities for pension savings. These facilities are often associated with the application of … the cash-flow treatment of pensions: pension contributions are tax-exempt, capital income of pension funds is tax …-exempt, and pension benefits are taxed, but usually at a relatively low rate. This paper investigates the revenue effects of a …

some taxpayers may be to opt out of the two-year spread election for the tax liability from a Roth IRA conversion …, incurring the entire resulting income tax in the conversion year. This may be the case for high-income taxpayers who (1) expect … tax rates to increase significantly in the future, and/or (2) are in an AMT position, especially one caused primarily by …

The federal government has long promoted homeownership through various provisions in the U.S. income tax code. The Tax … Cuts and Jobs Act of 2017 (TCJA) renewed interest and debate about the treatment of housing via the tax code, particularly … extent that the TCJA magnifies the long-standing anti-mortgage debt bias in the tax code. Our analysis reveals that ongoing …

savings and tax revenue data from a sample of OECD countries, it provides compelling empirical evidence of a powerful impact …

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …

large pay-off in terms of net income. The paper focuses on household 'tax planning' in the context of tax reliefs for … rate threshold for income tax, since tax relief is given at the marginal tax rate and should be more attractive to those … just above this threshold than to those just below it. It then examines a more complex case where the tax system provides …

Since 2002 the German government seeks to stimulate private retirement savings by means of special allowances and tax …

, but they also allow individuals to smooth consumption when they experience demographic and economic shocks. Using tax data …

A worker can contribute pre-tax dollars to a private pension plan. Under a progressive tax, this feature reduces income … the complete time-series of US income tax history and find that the tax benefit of income smoothing is much smaller …