The distribution of OASDI taxes and benefits by income decile.
نویسنده
چکیده
On average, persons receiving Social Security benefits tend to have lower current incomes than do persons paying Social Security taxes. This article documents OASDI's income distributional patterns by dividing the 1992 Current Population Survey population into 10 income deciles and tabulating benefits received and taxes paid by each decile. The benefits and taxes, when compared with non-Social Security income, are progressive: as income rises from decile to decile, the ratio of benefits to income falls, and, except at the highest deciles, the ratio of taxes to income rises. A large component of the current income distributional pattern is associated with age: the young on average receive more income and pay more taxes; the old on average receive more benefits. However, when benefits and taxes are tabulated for income deciles within specific age groups, a general progressivity is still observable, although it is weaker than that for the population as a whole.
منابع مشابه
چشمانداز آینده بخش توزیع درآمد و سیاستهای لازم برای بهبود آن
This research aims at studying challenges, difficulties and prospects of Irans income distribution sector during 2005-2015 by means of an econometric model. The first part of the paper reviews some theories and empirical accomplishments regarding income distribution in national and international levels. The next part of the paper goes through the trends of income distribution and social welfare...
متن کاملA Progressivity Index for Social Security
www.socialsecurity.gov/policy Using the Social Security Administration’s MINT (Modeling Income in the Near Term) model, this paper analyzes the progressivity of the Old-Age, Survivors and Disability Insurance (OASDI) program for current and future retirees. It uses a progressivity index that provides a summary measure of the distribution of taxes and benefits on a lifetime basis. Results indica...
متن کاملThe Asymetric Effect of Tax on Income Distribution in Iran
Abstract The main purpose of this study is to explore the relationship between “direct and indirect taxes” and “inequality of income distribution” in Iran. So, we have used annual time series data of the direct taxes to GDP ratio, indirect taxes to GDP ratio, and the Gini coefficient during 1982-2014. The results of the threshold unit root tests with an asymmetric adjustment show that all va...
متن کاملAssessment Of The Role Of Inequality And Income Distribution Factors In The Third Economic Development Plan ( With Emphasis On Direct Taxes)
متن کامل
A comparison of Social Security taxes and Federal income taxes, 1980-90.
In recent years, with the implementation of the tax rate increases and ad hoc earnings base increases included in the 1977 amendments to the Social Security Act, many observers have noted that Social Security taxes (for the Old-Age and Survivors Insurance (OASI), Disability Insurance (DI), and Hospital Insurance (HI) programs combined) now exceed Federal income taxes for many families. A compar...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Social security bulletin
دوره 58 2 شماره
صفحات -
تاریخ انتشار 1995