Mar 20, 2008

Growing Productivity

At last a policy prescription that makes real sense. Thanks to Roger Douglas for suggesting it, and Stuff for reporting it:

* Cutting the top tax rate from 39 to 33c in the dollar;
* Adjusting income tax thresholds to take account of wage growth since 1999;
* Making the first $20,000 of income tax-free;
* Introducing education vouchers for all children;
* Renting out hospital wards to health staff to practice privately;
* Dump the Working for Families scheme;
* Review all Government spending with the aim of saving between $3 and $5 billion.