I gave a short talk today to a CEDA Tax Policy Directions Forum in Canberra. My title was “Yet Another Economist Advocating Negative Income Taxes”. My slides are here.
(In discussion, I also mentioned that I couldn’t see any economic arguments against following the Alesina-Ichino proposal, and only delivering the proposed tax cuts to women. This would cost about $12 billion rather than $31 billion, and deliver almost the same labour supply impact. I’m pretty sure I failed to convince a soul.)
Update: This piece in the Age by Nassim Khadem neatly sums up the forum, including Nicholas Gruen’s audacious proposal to scrap dividend imputation and cut the company tax rate.