http://seekerblog.com/archives/20070630/carbon-tax-swap-is-both-revenue-and-distributionally-neutral/ Seeking reliable, objective sources on economics, foreign-policy and energy-policy issues. Tue, 02 Dec 2008 00:07:22 +0000 http://wordpress.org/?v=2.3.2 http://seekerblog.com/archives/20070630/carbon-tax-swap-is-both-revenue-and-distributionally-neutral/#comment-9557 Steve D. Fri, 06 Jul 2007 04:44:57 +0000 http://seekerblog.com/archives/20070630/carbon-tax-swap-is-both-revenue-and-distributionally-neutral/#comment-9557 That would be much the equivalent of the tax-swap proposal. The US payroll tax is quite regressive -- as are consumption taxes like GST. I suppose the most similar inversely-regressive step for Oz would be to offset GST. But even though GST hits us hard personally I favor consumption taxes over investment taxes. That would be much the equivalent of the tax-swap proposal. The US payroll tax is quite regressive — as are consumption taxes like GST. I suppose the most similar inversely-regressive step for Oz would be to offset GST. But even though GST hits us hard personally I favor consumption taxes over investment taxes.

]]> http://seekerblog.com/archives/20070630/carbon-tax-swap-is-both-revenue-and-distributionally-neutral/#comment-9536 Will Howard Thu, 05 Jul 2007 09:34:46 +0000 http://seekerblog.com/archives/20070630/carbon-tax-swap-is-both-revenue-and-distributionally-neutral/#comment-9536 I wonder if Australia has an equivalent mechanism for a carbon tax swap? I suppose one strategy would be to exchange a carbon tax for a rise in the tax-free threshold. I haven't seen discussion of this idea among Aussie economists but I haven't looked that hard either. I wonder if Australia has an equivalent mechanism for a carbon tax swap? I suppose one strategy would be to exchange a carbon tax for a rise in the tax-free threshold. I haven’t seen discussion of this idea among Aussie economists but I haven’t looked that hard either.

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