Lectures in Macroeconomics- Charles W. Upton Wealth and Taxes- Calculations.

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Presentation transcript:

Lectures in Macroeconomics- Charles W. Upton Wealth and Taxes- Calculations

Some Assumptions PeriodWage Rate , , r= 50%

Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate , , r= 50%  w = 0.25  r = 0.50

Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate , , , , r= 50%  w = 0.25  r = 0.50

Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate , , , , r= 50%  w = 0.25  r = 0.50

Wealth and Taxes-Calculations Period One Calculations

Wealth and Taxes-Calculations Period One Calculations

Wealth and Taxes-Calculations Period One Calculations

Wealth and Taxes-Calculations Period One Calculations

Wealth and Taxes-Calculations Period One Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Two Calculations

Wealth and Taxes-Calculations Period Three Calculations

Wealth and Taxes-Calculations Period Three Calculations

Wealth and Taxes-Calculations Period Three Calculations

Wealth and Taxes-Calculations Period Three Calculations

Wealth and Taxes-Calculations Period Four Calculations

Wealth and Taxes-Calculations Period Four Calculations

Wealth and Taxes-Calculations Period Four Calculations

Wealth and Taxes-Calculations The Moral The Basic Consumption Model Still Applies We now use after-tax cash flows and after- tax interest rates.

Wealth and Taxes-Calculations The Moral The Basic Consumption Model Still Applies We now use after-tax cash flows and after- tax interest rates. This gives us a powerful procedure for analyzing tax proposals and transfer payments.

Wealth and Taxes-Calculations End ©2003 Charles W. Upton. All rights reserved