----- Original Message ----- From: "Erik Reuter" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <brin-l@mccmedia.com> Sent: Sunday, January 16, 2005 8:10 AM Subject: Re: Social Security
> * Dan Minette ([EMAIL PROTECTED]) wrote: > > > As I go through it, whenever I see something relevant to our discussion, > > > I will post it, in case you are working on it also. > > > > I probably will be, and I'll do the same. > > Here is another paper of theirs that I am reading. It gives a lot of > details about their methodology: > > http://econ.bu.edu/kotlikoff/Worktax11-25-02.pdf It's an interesting article, and worth rereading. My first pass did give me a much better feel for their methodology. Given all that they include, apparently including variation in college grants with family income in the marginal net tax calculation, I'm a bit surprised but not shocked to see marginal net tax rates in the low 50s. But that still is quite different from the tax rates that the website quotes in the '80s....including the average lifetime net tax rate for all workers born after '93, that was given at the first web subsite I mentioned. I'm going to walk through the article again, but those are my first pass impressions. Also, the web site: http://www.census.gov/hhes/income/histinc/rdi8.html gives a lot of information that I think could be used to break down average dR/dE between the quintiles....without calculating long time benefits. These numbers should be an upper bound on the numbers we would get after including the effects of future SS benefits. Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
