Growing inequality in incomes and wealth and the taxation of capital income: an economic and legal analysis. The research combines the expertise of leading scholars in economics and law to produce proposals for reform of Australia's system of taxing capital and labour incomes. This issue is of central importance to Australia's future, in the light of the challenges posed by increasing inequality of incomes and wealth, globalisation and population ageing.
Optimal Tax Policy Meets Modern Labour Supply Theory. This project aims to generate new evidence on the optimal design of the federal tax system. Specifically, it seeks to determine the optimal combination of taxes on income, capital and consumption to raise necessary revenue while minimizing disincentives for work and capital formation. The project is innovative because, for the first time, it does optimal tax calculations using models that account fully for how taxes affect human capital inves ....Optimal Tax Policy Meets Modern Labour Supply Theory. This project aims to generate new evidence on the optimal design of the federal tax system. Specifically, it seeks to determine the optimal combination of taxes on income, capital and consumption to raise necessary revenue while minimizing disincentives for work and capital formation. The project is innovative because, for the first time, it does optimal tax calculations using models that account fully for how taxes affect human capital investment and labour force participation. It aims to enhance or understanding of the optimal mix between taxes on earnings, capital and consumption, and the optimal degree of income tax progressivity. The benefit is a tax system better designed to promote economic efficiency and human capital formation. Read moreRead less