C. Eugene Steuerle

Learn More
Because of the imbalance between promised benefits and available taxes, some reform of Social Security is inevitable. At the same time, perceptions of Social Security are changing rapidly as it moves away from a system where all recipients--whether rich or poor--received more in benefits than they paid in taxes, and where those who were richer consistently(More)
Over the past seventy years Congress has enacted dozens of tax and transfer programs, giving little if any attention to the marriage subsidies and penalties that they inadvertently impose. Although the programs affect both rich and poor Americans, the penalties fall most heavily on low- or moderate-income households with children. In this article, Adam(More)
The Urban Institute is a nonprofit, nonpartisan policy research and educational organization that examines the social, economic, and governance problems facing the nation. The views expressed are those of the authors and should not be attributed to the Urban Institute, its trustees, or its funders. Any errors or omissions are the authors'. The authors thank(More)
part of a consortium that includes parallel centers at the University of Michigan and the National Bureau of Economic Research, was established in 1998 through a grant from the Social Security Administration. The goals of the Center are to promote research on retirement issues, to transmit new findings to the policy community and the public, to help train(More)
federal income tax expenditures totaled roughly $1.2 trillion, about the amount of revenue raised by the individual income tax. Of this total, $384 billion went toward asset building: subsidies for homeownership, retirement and other savings, and higher education investments in human capital (figure 1). Despite this large sum, these subsidies do little to(More)
High marginal tax rates can make moving above poverty very diffi cult for low-income families. These high tax rates result from increasing direct taxes (both state and federal) as well as decreasing transfer payments (including both Supplemental Nutrition Assistance Program benefi ts and Temporary Assistance for Needy Families). Depending on which state a(More)
Qualified retirement plans are an extraordinarily complex and expensive government tax program that is ineffective or counterproductive when tested by the rationales offered to support it. The pro-gram's impact on retirement security could be replaced at a small fraction of the current cost, perhaps at no cost. Qualified plans forfeit $180 billion of(More)
vii ACKNOWLEDGMENTS Acknowledgments We would like to acknowledge the contributions of several individuals, some of whom were previous committee members of the NCVHS Subcommittee on Populations. were all previous members of the subcommittee and participated in hearings, or subcommittee breakouts dedicated to the content of this report. Vickie Mays, Ph.D.,(More)
  • 1