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The Resource The payroll tax for social security

The payroll tax for social security

Label
The payroll tax for social security
Title
The payroll tax for social security
Creator
Subject
Language
eng
Summary
This book presents the first detailed analysis of the federal payroll tax and its effect on wage earners, employers, and the economy as a whole. The author puts to rest the "insurance" analogy and subjects the tax to a series of criticisms based on the judgment that tax rates on personal income should be based on ability to pay. His analysis shows that both halves of the tax - including the half nominally paid by employers - actually come out of employees' earnings. Moreover, the tax is regressive, since it takes a bigger bite from low than from high incomes and offsets the progressiveness of the personal income tax over a wide range. To correct these inequities, the author suggests alternative ways of financing the social security system without curtailing its benefits - preferably by phasing out the payroll tax and letting the income tax cover the cost of this essential social program
http://library.link/vocab/creatorName
Brittain, J.A
Geographic coverage
North America
Index
no index present
Language note
English
Literary form
non fiction
Series statement
Studies of government finance
http://library.link/vocab/subjectName
  • social security
  • payroll tax
  • tax burden
  • tax policy
  • incidence of tax
  • individual income tax
  • regressive tax
  • tax reform
  • redistribution principle
Label
The payroll tax for social security
Instantiates
Publication
Extent
xiv, 285 p.
Isbn
9780815710806
Label
The payroll tax for social security
Publication
Extent
xiv, 285 p.
Isbn
9780815710806

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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