A Steady-State Analysis of Proposals to Reduce the Tax on Saving: Working Paper 2006-04

Paul Burnham

No 17616, Working Papers from Congressional Budget Office

Abstract: This paper sets forth a stylized model for estimating the "steady-state" revenue effects of tax proposals designed to affect saving. A steady state occurs when the system of contributions and withdrawals has completed a full life cycle. The model estimates steady-state revenue yields per dollar contributed under four different systems of taxing saving: fully taxing it, allowing a deduction for contributions, allowing tax-free withdrawals, and allowing temporary deferral of investment income. The model then applies those revenue yields to estimates of how savings

Date: 2006-02-10
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cbo.gov/sites/default/files/109th-cong ... gpaper/2006-04_0.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:17616

Access Statistics for this paper

More papers in Working Papers from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().