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Measuring the Effective Tax Burden of Lifetime Personal Income
Lifetime tax burden Personal income Statistical simulation
2016/1/27
This paper designs and tests a comprehensive model, solved by statistical simulation, which describes and quantifies the effect of the tax system and lifelong income characteristics on the effective t...
A microeconomic model is developed, which accurately predicts the shape of personal income
distribution (PID) in the United States and the evolution of the shape over time. The underlying concept is ...