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Tax and Social Security Reform: Thinking Outside the Box

Studies | Social Security | Taxes

No. 275
Thursday, September 29, 2005
by Hans Fehr, John C. Goodman, Sabine Jokisch, Laurence J. Kotlikoff

Table of Contents

  1. Executive Summary
  2. Introduction: Five Radical Reforms
  3. The U.S. Tax System: The Case for Reform
  4. Elderly Entitlements: The Case for Reform
  5. Modeling the Effects of Tax Reform
  6. An Eleven Percent Flat-Rate Income Tax
  7. A Flat Rate Consumption Tax
  8. Combining Tax Reform and Social Security Reform
  9. Conclusion
  10. Notes
  11. Appendix
  12. About the Authors

Appendix

Table A-I - Simulation Results for a Flat Income Tax

Table A-II - Simulation Results for a Flat-Rate Consumption Tax 

Table A-III - Simulation Results for a Value-Added Tax 

Table A-IV - Simulation Results for a Retail Sales Tax 

Table A-V - Simulation Results for a Consumption Tax plus Social Security Reform 

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