New GAW! study of job-creating tax options, including 26 available alternative taxes and tax expenditure reductions that offer a wide range of political choice and could be used to pay for payroll tax cuts, enabling elimination of payroll taxation without losing revenue. At modest rates, these alternatives could generate about twice the revenue currently generated by payroll taxes.
Read the Summary and download the full report >>
In his blog - Engage People, Retire Things - Bill Drayton argues we don't have to choose between going off the debt cliff or accepting sky-high structural unemployment. Payroll tax shifting offers another choice: to create the jobs we need now without increasing taxes, debt or deficits.
To learn why creating jobs -- and not only green jobs -- is critical to the fight against climate change, see Bill Drayton's Huffington Post blog and this MIT Press Innovations Journal article.
The New Yorker on GAW!'s proposal
Hendrik Hertzberg's commentary focuses on GAW!'s proposal for cutting payroll taxes and replacing the revenue with taxes on "things that, unlike jobs, we want less rather than more of" such as pollution and energy waste. Of GAW!'s advocacy over the past 20 years, he writes, "It’s ambitious, it jumbles ideological and partisan preconceptions, and it represents the kind of change that great crises open political space for.
Read recent coverage of the GAW! proposal>>