This proposal offers specific improvement options for the Social Security Trust to maintain long-term solvency without increasing taxes. The primary solution offered is to allow taxpayers the option to manage their portion of Payroll Taxes through the already existing Federal Thrift Savings Plan...

We analyse the distributional impact of lowering social security contributions and compensating the revenue loss by an increase in indirect taxes. We empirically assess the distributional consequences of this shift by using two Belgian microsimulation models: MODEacute;TEacute; for the tax benefit...

This paper presents a two-period overlapping-generations model in which (i) firms create environmentally harmful emissions as by-products of production, and (ii) social security tax revenue from the working young is transferred to the retired elderly as pay-as-you go social security benefits. In...

We study how payroll tax rate affects compliance in China's social security system, using natural within-city variations in statutory payroll tax rate over time for identification. Higher payroll tax rate reduces probability of participation in the social security system and ratio of taxable...