Gokhale, Jagadeesh; Kotlikoff, Laurence J.; Sluchynsky, … - Federal Reserve Bank of Cleveland - 2002
linkages involved: 1) Earning more today typically alters current saving and, therefore, future capital income taxes. 2 … income and assets changes the eligibility for and levels received of income- and asset-tested transfer benefits. 4) The most … important transfer program, Social Security, explicitly links future transfer payments to current earnings. 5) Income taxes in …