Talk:Indexation
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Dr. Simonovits's comment on this article
editDr. Simonovits has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
The article is one-sided and outdated. 1. During the last two-three decades, the indexation of wages evaporated. 2. It is not the tax rate but the tax brackets which are indexed. For example, calculating the personal income tax the values of of the income brackets, the bending points are indexed according to price index. 3. Ironically, the most important filed of indexation, namely public pension indexation is hardly mentioned. 4. When it is mentioned, it is confined to COLA, though in other countries than the US, the index is CPI (consumer price index) and even the gross or the net wage indicator. It is a very powerful tool which index is used: when real wages go down, wage indexation diminishes the public burden; when real wage grows, just the opposite.
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
We believe Dr. Simonovits has expertise on the topic of this article, since he has published relevant scholarly research:
- Reference : Andras Simonovits, 2012. "Optimal Cap on Pension Contributions," IEHAS Discussion Papers 1208, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.