Goda, Gopi Shah; Shoven, John B.; Slavov, Sita Nataraj - In: Tax Policy and the Economy 25 (2011) 1, pp. 69-69
Implicit taxes are present in many government programs and can create substantial work disincentives. The implicit tax created by Social Security is the payroll tax used to fund the retirement portion of Social Security minus the present value of the incremental retirement benefits associated...