There’s a theory, in many conventional government and economic circles, that lowering capital gains tax will increase investment. By taxing capital gains at less than income tax it encourages risk taking and entrepreneurship, which spurs economic growth. Phil Dobbie asks Prof Steve Keen whether that argument have any credibility or is it nothing more than a tax dodge?
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Oil price spills over COVID recovery concerns
Big falls in oil prices, US equities and treasury yields. NAB’s David de Garis says it reflects concerns over European lockdowns and the accuracy of Astra Zeneca data. Meanwhile plans to shift home purchases away from investors has slugged the Kiwi dollar.
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Service: Don’t Give It Away
Bill Ellerton discusses how you need to associate a value on your service and understand the difference between customer service and a service.
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Should we do more to price-in externalities?
Increasingly it’s possible to find ways to charge people for external benefits they receive. Like, if they use public services more, should they pay more?
