POLY1000 Lecture Notes - Lecture 8: Human Services, System On A Chip, Regressive Tax
Lecture 8 - Economic, Taxation & Superannuation policy
Review:
Which levels of govt are responsible for soc sec in aus?
federal - depts of human services and social services
human services provides money
social services is more about policies etc
what pol traditions underpin policies such as welfare drug testing and cashless welfare
cards?
Communitarian
**EXAM EXAMPLE: Imagine john gets paid newstart. determine if this is a universal or
targeted payment. what are the pros and cons of this approach to social security?
targeted
Pros:
Helps most vulnerable
Cheaper - not going to everyone
cons:
cuts disproportionately affect the most vulnerable
stigmatising
Overview of assignment 2:
summarise key features of the current policy, its setting and its administration
state-based or national?
which depts?
funding arrangements
Distributional analysis (2 dimensions)
Including defining key concepts/categories
Findings of your analysis on different population groups
choose two groups
reflect on the fairness of the distributional analysis of the policy
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Consideration should be given to different notions of fairness (e.g. vertical/horizontal,
equity vs equality) and public attitudes
Some difference might be fair
Reference - use certain ways of measuring/analysing things
learning objectives:
Outline the key concepts associated with economic & tax policies
Describe the institutional arrangements for economic & taxation policies in Australia
Discuss different framings of taxation policy
Outline the distributional effects of taxation & superannuation
economic policies include:
price interventions:
tax, cash transfers, public provision of public goods
regulation:
Parking, food, labour market, education system
Coercion
pay taxes etc or face negative consequences
they shape our society:
makes the state operate on behalf of us
Provision of services and money
shapes our behaviour
dis/incentives
what we can/not access
Enhances collective wellbeing and reduces gross inequality
purpose of economic policy
keep economy healthy
when economy is positive - taxes increase
when economy is negative - taxes decrease, expenditure increases to help growth
Monetary policy = about the interest rate
fiscal policy = govt spending/taxing
Clark and Dawe Clip
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Lecture 8 - economic, taxation & superannuation policy. **exam example: imagine john gets paid newstart. determine if this is a universal or targeted payment. what are the pros and cons of this approach to social security? targeted. Cheaper - not going to everyone cons: cuts disproportionately affect the most vulnerable stigmatising. Overview of assignment 2: summarise key features of the current policy, its setting and its administration state-based or national? which depts? funding arrangements. Findings of your analysis on different population groups choose two groups reflect on the fairness of the distributional analysis of the policy. Consideration should be given to different notions of fairness (e. g. vertical/horizontal, equity vs equality) and public attitudes. Reference - use certain ways of measuring/analysing things learning objectives: Outline the key concepts associated with economic & tax policies. Describe the institutional arrangements for economic & taxation policies in australia.
