Letter to the Editor CT 31st Jan – solving credit crisis

There are four general solutions to the financial crisis caused by the world wide issue of excessive debt. The first solution is the depression route that destroys the excess debt by letting businesses and individuals go bankrupt. The second is to “double” our bet and increase the amount of debt through fiscal stimulus. The third [...]

Contingent Loans to reduce taxation and greenhouse gas emissions

A submission to the Australian Taxation Review
Contingent Loans to reduce taxation and greenhouse gas emissions
One of the functions of the tax system is to redistribute wealth within the community. At the moment this is normally achieved by taxing profits of individuals and organisations and then distributing some of the taxes to other individuals or organisations [...]