Addressed objections
In a reply to critics of his analysis Feldstein identifies and responds to four lines of objection. These are grouped here - together with a revised version of his paper in which he responds to them, adjusting some assumptions.
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3. Feldstein »3. Feldstein
Addressed objections
Elasticity too high »Elasticity too high
High income threshold »High income threshold
Liability step-up »Liability step-up
Marginal rate too high »Marginal rate too high
Revised Feldstein »Revised Feldstein
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