The Effects of Tax-Based Saving Incentives on Government Revenue and National Saving
AbstractThis paper shows that previous analyses of IRA-type plans that seek to encourage household saving have miscalculated their effect on tax revenue and, therefore, on national saving by ignoring their favorable impact on corporate tax payments. Recognizing the important effects of IRA plans on corporate tax revenue changes previous conclusions about the revenue loss in a fundamental way. The revenue loss associated with IRAs either is much smaller than has generally been estimated or is actually a revenue gain. Copyright 1995, the President and Fellows of Harvard College and the Massachusetts Institute of Technology.
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Bibliographic InfoArticle provided by MIT Press in its journal Quarterly Journal of Economics.
Volume (Year): 110 (1995)
Issue (Month): 2 (May)
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Other versions of this item:
- Martin Feldstein, 1992. "The Effects of Tax-Based Saving Incentives on Government Revenue and National Saving," NBER Working Papers 4021, National Bureau of Economic Research, Inc.
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