As a consequence of some discussions on corporate tax policy, I wrote this paper to sort out my ideas. As I state, I am not a tax specialist. Indeed it turns out what I thought was a profound discovery – that New Zealand’s corporate tax on undistributed earnings is a sort of capital gains tax…
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MMP has reduced policy extremism, but more consensus politics are needed to solve our big economic questions Listener: 21 October, 2006. Keywords: Environment & Resources; Governance; The rise in personality politics is an unexpected consequence of MMP. Certainly there are other factors, including a change in the US political debate (recall the attacks…
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Guest Column for http://norightturn.blogspot.com/ 16 October, 2006. Keywords: Environment & Resources; There appears to be a tendency to pose carbon taxes as the only economic way to address carbon emissions. But tradeable emission permits (TEPs) are a serviceable alternative which have both strengths and weaknesses over carbon taxes. Their greatest strength may be…
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The Rugby World Cup presents a challenge to Auckland’s governance. Listener: 7 October, 2006. Keywords: Globalisation & Trade; Growth & Innovation; The Auckland economy has been performing badly over the past few decades, partly because of the policies of the 1980s and 1990s, partly because of the failure to build adequate infrastructure. But the region’s…
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