Solved: Impact of the proposed tax on the optimal retirement age, Macroeconomics

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Impact of the proposed tax on the optimal retirement age

Question:

Most Social Security recipients do not currently pay federal or state income takes on their benefits. Suppose the government proposes to tax these benefits at the same rate as other types of income. What is the impact of the proposed tax on the optimal retirement age?

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Macroeconomics: Impact of the proposed tax on the optimal retirement age

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Macroeconomics: Impact of the proposed tax on the optimal retirement age

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