Chapter

The Moores

Martin Evans and Lewis Williams

in A generation of change, a lifetime of difference?

Published by Policy Press

Published in print September 2009 | ISBN: 9781847423054
Published online March 2012 | e-ISBN: 9781447301387 | DOI: http://dx.doi.org/10.1332/policypress/9781847423054.003.0013
The Moores

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This chapter takes a simpler set of assumptions about the lifetimes of the Moores. It also considers another version of the Moores' lifetime profile — that of their richer identical cousins, called the Evan-Moores, who earn twice as much again as the Moores. Because the Moores and Evan-Moores potentially gain more from occupational and fiscal welfare, it is also interesting to see how far the changes in direct taxation are affected by tax relief for these higher income lifetimes. Moreover, the overall marginal effective deduction rates and the position in the contemporary income distributions are examined. The gains from low taxation and the relatively minor role played by transfers in the Moores' lifetime mean that 1997 provided the best relative income standards. It is also found that lifetime inequality had grown when the differences between original and disposable incomes of the Moores and Evan-Moores are compared with those of the Meades.

Keywords: Moores; Evan-Moores; lifetime inequality; direct taxation; contemporary income distributions; deduction rates

Chapter.  5338 words.  Illustrated.

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