Generational accounts and lifetime tax rates, 1900-1991

Auerbach, Alan J.; Gokhale, Jagadeesh; Kotlikoff, Laurence J.

Journal Article

Generational accounts and lifetime tax rates, 1900-1991

Abstract: An update of the baseline generational accounts reported in the 1993 federal budget that extends the analysis to lifetime net tax rates--the taxes that a generation pays, less the Social Security and other transfer benefits that it receives, as a share of income over its entire lifetime.