Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Tax cuts, the minimum wage, and incidence http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/ The Visible Hand in Economics Mon, 01 Dec 2008 22:51:42 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3821 Mon, 01 Dec 2008 22:51:42 +0000 http://tvhe.wordpress.com/?p=2202#comment-3821 “What is really needed in NZ is a study of the movement between income groupings over time.

It is one of the things that Sowell keeps banging on about, that the idea of there being a static group of the “poor” is somewhat misleading.”

Indeed – I agree that knowledge about movement is another important component to truly understanding things like “poverty”.

After all, a student will start as a low income earner and then move into a high group later – as a result they shouldn’t be treated the same as people with low lifetime income.

However, I think that Stats is trying to build up information on this sort of thing, eg:

http://www.stats.govt.nz/additional-information/survey-of-family-income-employment/default.htm

]]> By: Kimble http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3820 Mon, 01 Dec 2008 22:43:39 +0000 http://tvhe.wordpress.com/?p=2202#comment-3820 What is really needed in NZ is a study of the movement between income groupings over time.

It is one of the things that Sowell keeps banging on about, that the idea of there being a static group of the “poor” is somewhat misleading.

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3819 Mon, 01 Dec 2008 22:11:47 +0000 http://tvhe.wordpress.com/?p=2202#comment-3819 “I dont mind a progressive tax system if movement between the tax bands is possible.”

Old equality of opportunity – I agree that it is an admirable goal for society Kimble

]]> By: Kimble http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3818 Mon, 01 Dec 2008 22:08:35 +0000 http://tvhe.wordpress.com/?p=2202#comment-3818 I dont mind a progressive tax system if movement between the tax bands is possible.

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3817 Mon, 01 Dec 2008 21:03:33 +0000 http://tvhe.wordpress.com/?p=2202#comment-3817 “further to this, I would consider a steeper tax system to be less fair. i might have mixed it up in my head but if the tax cut is “equal” for everyone, then this actually steepens the the tax system, making it less fair…”

Indeed it depends on our definition of fair. By giving everyone the same $ amount in a tax cut, we ensure that people on higher incomes will be paying proportionally more tax than they would have been.

]]> By: steve http://www.tvhe.co.nz/2008/12/02/tax-cuts-the-minimum-wage-and-incidence/#comment-3816 Mon, 01 Dec 2008 21:01:37 +0000 http://tvhe.wordpress.com/?p=2202#comment-3816 further to this, I would consider a steeper tax system to be less fair. i might have mixed it up in my head but if the tax cut is “equal” for everyone, then this actually steepens the the tax system, making it less fair…

]]>