I've presented a different way of calculating personal taxation. It is a form of lifetime averaging.
Does anyone know of any literature about marginal tax rates on this form of tax calculation?
Would anyone like to work with me to determine how marginal tax rates would work? I don't think it is like other forms of taxation so it would be interesting to pursue.
Douglas Bamford this form is not very sure. But many empirical literature still follows the R.J.Barro (1983) works on average and marginal tax rates. Interested in your works
Thanks for the tip, Yadawananda Neog - I wasn't aware of this paper.
It looks like this paper is about assessments of the amounts that people pay on average within a particular system at different points in history.
So one thing I could do is create a thousand (or a million) hypothetical people with their various lifetime tax inputs. I could then see what their marginal tax rates would be on a subsequent hour of work.
But I wondered if anyone knew of any theoretical work to determine how marginal tax rates under a proposal such as Vickrey's or mine would be different from that of an annual tax system.
My real interest is to see if my a lifetime averaging tax (and in particular my own proposal for hourly lifetime averaging) would have much lower marginal tax rates even if the tax rate were much more progressive overall.
Douglas Bamford Agreed on your take on marginal tax rate sir. As far as i am concerned, no such literature are there. Will be a nice work. Looking for it.
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