tag:blogger.com,1999:blog-2830084253401570472.post6767376889920892474..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: Labour’s Tax Policy:Eric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2830084253401570472.post-27273788694338569252011-07-16T18:27:51.945+12:002011-07-16T18:27:51.945+12:00One question I would like to see some consideratio...One question I would like to see some consideration of is the costs of these policies... changing the income tax rates is fairly trivial in terms of admin costs but the GST change and CGT does impose unexplained costs on consumers, businesses and Govt.<br /><br />Maybe this could be included in the follow up piece on the CGT... What is the estimated net gain to Govt in pure cash terms and what is the deadweight loss to the economy from the additional compliance burden... <br /><br />What would also be interesting is some estimate of the economic loss generated through tax planning... I realise that in GDP terms this isn't economic loss per se, but I guess I am thinking more along the lines of perverse incentives created.<br /><br />Labour is boring on about the 'benefits'. Someone needs to analyse and consider the costs in an explicit sense...<br /><br />Sounds like a job for 'Offsetting Behaviour Man'!!Horace the Grumpnoreply@blogger.com