This paper: (1) describes New Zealand's 2019 "Wellbeing Budget" policy and process reforms, including the "Living Standards Framework" policy analysis tool; (2) assesses the potential for New Zealand's recent budget process changes to lead to transformative policy change; and (3) assesses the...

This article tries to find a new way through old arguments about whether or not New Zealand should have a realization-based capital gains tax. Instead of revisiting the first-principles analysis of the costs and benefits of a capital gains tax, it starts by observing that many countries have...

The Taxpayer Bill of Rights (known as “TABOR”) was a 1992 amendment to the Constitution of the US state of Colorado. Adopted by referendum, TABOR restricts growth in Colorado state government spending and revenues to the sum of population growth plus inflation. TABOR's key benefit was said...