English, Article, Journal or magazine article edition: Financial Resources and Retirement in Nine OECD Countries: The Role of The Tax System Gordon Keenay; Edward R. Whitehouse

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/86613
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Financial Resources and Retirement in Nine OECD Countries: The Role of The Tax System
Author
  • Gordon Keenay
  • Edward R. Whitehouse
Physical Description
  • preprint
Notes
  • Most countries give income-tax concessions to older people relative to people of working age. Some treat pension income more favourably than earnings, and most do not levy social security contributions on older people. These policies mean that the direct tax burden of older people is lower than that carried by people of working age. At an income equivalent to economy-wide average earnings, for example, the average tax burden (in the nine countries studied) is ten percentage points lower for pensioners than it is for workers. Therefore differences in taxes between pensioners and workers are an important way in which governments support people during their retirement. This is measured by the effect on net replacement rates: the value of pension benefits for a full-career worker relative to earnings when in work. On average, one fifth of the net replacement rate for a worker on average earnings is due to tax differentials rather than the pension system. This paper provides the first ... La plupart des pays font des concessions d’impôt sur le revenu pour les personnes âgées par rapport aux personnes en activité. Certains pays sont plus favorables aux revenus des pensions de retraite qu’aux gains d’activité. La plupart ne prélèvent pas de contributions de sécurité sociale aux personnes âgées. Ces politiques signifient que le poids de l’impôt direct sur les personnes âgées est plus bas que celui porté par les actifs. A échelle de l’économie d’un pays, et pour un revenu équivalent aux gains d’activité moyens par exemple, le poids moyen de l’imposition (pour les neuf pays étudiés) est de 10% de moins pour les retraités par rapport aux actifs. Ainsi les différences d’imposition entres retraités et actifs sont révélatrices du soutien important des gouvernements aux personnes retraitées. Ceci est mesuré par les effets sur les taux de substitution nets : la valeur des revenus de pension pour un actif ayant cotisé toute sa carrière par rapport à ses revenus d’activité. En ...
  • RePEc:oec:elsaab:8-en
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment