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

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Presentation on theme: "Lectures in Macroeconomics- Charles W. Upton Wealth and Taxes- Calculations."— Presentation transcript:

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

2 Some Assumptions PeriodWage Rate 10 2300,000 3630,000 40 r= 50%

3 Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate 10 2300,000 3630,000 40 r= 50%  w = 0.25  r = 0.50

4 Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate 10 2300,000 225,000 3630,000 472,500 40 r= 50%  w = 0.25  r = 0.50

5 Wealth and Taxes-Calculations Some Assumptions PeriodWage Rate 10 2300,000 225,000 3630,000 472,500 40 r= 50%  w = 0.25  r = 0.50

6 Wealth and Taxes-Calculations Period One Calculations

7 Wealth and Taxes-Calculations Period One Calculations

8 Wealth and Taxes-Calculations Period One Calculations

9 Wealth and Taxes-Calculations Period One Calculations

10 Wealth and Taxes-Calculations Period One Calculations

11 Wealth and Taxes-Calculations Period Two Calculations

12 Wealth and Taxes-Calculations Period Two Calculations

13 Wealth and Taxes-Calculations Period Two Calculations

14 Wealth and Taxes-Calculations Period Two Calculations

15 Wealth and Taxes-Calculations Period Two Calculations

16 Wealth and Taxes-Calculations Period Two Calculations

17 Wealth and Taxes-Calculations Period Three Calculations

18 Wealth and Taxes-Calculations Period Three Calculations

19 Wealth and Taxes-Calculations Period Three Calculations

20 Wealth and Taxes-Calculations Period Three Calculations

21 Wealth and Taxes-Calculations Period Four Calculations

22 Wealth and Taxes-Calculations Period Four Calculations

23 Wealth and Taxes-Calculations Period Four Calculations

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

25 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.

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


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