Author

Contributions

  • Sadka, Efraim. - Contributor
  • National Bureau of Economic Research. - Contributor

Publication

2004 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts

Language

English

Word Count

4,750 words, Guess

Page Count

19 pages

Identifiers

Classifications

  • LCCHB1

Description

"An income tax is generally levied on both capital and labor income. The working young bears mostly the burden of the tax on labor income, whereas the retired old, who already acummulated her savings, bears the brunt of the capital income tax. Therefore, there arise two types of conflict in the determination of the income tax: the standard intragenerational conflict between the poor and the rich, and an ntergenerational conflict between the young and the old. The paper studies how aging affects the resolution of these conflicts, and the politico-economic forces that are at play: the changes in the voting pivots and the fiscal leakage from tax payers to transfer recipients"--National Bureau of Economic Research web site.

Subjects

Series Statement

  • NBER working paper series -- no. 10967.
  • Working paper series (National Bureau of Economic Research) -- working paper no. 10967.

Links

Other Editions

  • Aging and the welfare state: the role of the young and old voting pivotsNational Bureau of Economic Research2004-01-01

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