摘要：Encouraging work at older ages is a crucial policy goal for an aging society,
but many features of the benefits and tax system discourage work. This study
computes the implicit tax rate on work at older ages, broadly defined to include
standard income and payroll taxes as well as changes in future Social Security
benefits, employer–provided pension benefits, and health benefits associated
with an additional year of employment. The results show that the implicit tax
rate on work increases rapidly with age, rising from 14 percent at age 55 for a
typical man to nearly 50 percent at age 70.
