CHAPTER 10: THE SOCIAL DISCOUNT RATE

Figure 5 shows illustrative EMTRs on savings for common savings instruments in Australia for an individual with a taxable income of between $37 001 and $80 000 (and therefore facing a marginal income tax rate of 32.5 per cent). The different tax treatments of savings instruments translate to large differences in the EMTR an individual would face making a $100 investment in each. When rates of ... ................
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