This paper investigates how increases in the level of maximum earnings subject to the Social Security payroll tax have … faced the lower cap on the payroll tax that faced those born 12 and 24 years earlier, but otherwise had the same earnings … increase in the payroll tax ceiling compared to the cohort 12 years older, and by 3.7 percent over the benefits under the …

This paper investigates how increases in the level of maximum earnings subject to the Social Security payroll tax have … faced the lower cap on the payroll tax that faced those born twelve and twenty four years earlier, but otherwise had the ….5 percent by the increase in the payroll tax ceiling compared to the cohort twelve years older, and by 3.7 percent over the …

This paper investigates how increases in the level of maximum earnings subject to the Social Security payroll tax have … faced the lower cap on the payroll tax that faced those born twelve and twenty four years earlier, but otherwise had the ….5 percent by the increase in the payroll tax ceiling compared to the cohort twelve years older, and by 3.7 percent over the …

efficiency and equity effects of tax smoothing, and potential new effects of population ageing on labour productivity …

How should pensions be taxed? We propose income tax and National Insurance reforms that would more evenly support … pension saving. Pensions are the biggest component of household wealth and are treated favourably by the tax system. That … means getting pensions tax design right matters. It matters for people's well-being in retirement, especially if it can …

This paper examines how the economic growth in advanced countries is affected by various types of tax revenue. Ten … social security, and a tax on value-added. For a beneficial impact on these nations' growth, we suggest policymakers …

scheme is Bismarckian, than if it is Beveridgean. -- tax wedge ; Bismarck ; Beveridge ; public pensions ; implicit pension … tax ; labour …