tag:blogger.com,1999:blog-9208928.post9016416390545992417..comments2024-03-28T14:03:55.912-04:00Comments on Start Making Sense: The pension "default" issue, and income vs. consumption taxationDaniel Shavirohttp://www.blogger.com/profile/14710628584922961682noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9208928.post-91187371888082800672013-04-05T14:07:50.060-04:002013-04-05T14:07:50.060-04:00Yes, that is another point that could affect the a...Yes, that is another point that could affect the analysis.Daniel Shavirohttps://www.blogger.com/profile/14710628584922961682noreply@blogger.comtag:blogger.com,1999:blog-9208928.post-45466367857259933262013-04-05T10:30:24.873-04:002013-04-05T10:30:24.873-04:00Would behavioural economics not also suggest that ...Would behavioural economics not also suggest that the two cases are not really the same, as a 'tax penalty' is not the same as a 'tax subsidy', i.e. people (irrationally) do not care about a tax break they could obtain if (any) action is required, but they may nonetheless care about a tax penalty (as compared to the changed base-line of taxation) they face without any action?<br />I thought that may follow from the idea of loss aversion, which one may well translate into 'tax aversion'. Werner Haslehnerhttps://www.blogger.com/profile/01993015147684488974noreply@blogger.com