Borrowing from Millennials to Pay Boomers: Can Tax Policy Create Sustainable Intergenerational Equity?
46 Pages Posted: 17 Aug 2020
Date Written: June 2020
This Article explores the relationship between taxes and inter-generational equity. At the outset, Part I of the Article provides an overview of sustainable inter-generational justice and tax policy. Part II then provides an overview of the U.S. tax system, deficits, and public debt. Part III then considers how taxes can influence the level of resources that are available to future generations, and Part IV considers how taxes can influence the mix of resources that are available to future generations.
Keywords: income tax, inter-gernational justice, budget deficits, externalities, sustainability, economic justice
JEL Classification: D31, D63, H24, H25, H26, H53, H61, H62, H68
Suggested Citation: Suggested Citation