| Wine Policy Brief No. 4 (2007) | |||||||||||||
Abstract | |||||||||||||
| roposed GST and possible associated changes in wine taxation on the grape and wine industry. Apart from noticing an unfortunate typo (affecting the magnitude but not the sign of four of the hundreds of numbers presented), he makes two key points: (1) that the numbers in the later paper differ slightly from those in the earlier analysis; and (2) that the latter results do not support our repeated claim that "A switch from a value-based top-up WET to a volumetric WET which raises the same government revenue would harm the industry as a whole, and especially its non-premium sector, even though it would help premium wine producers and consumers." The first point is correct: the numbers in the later paper do indeed differ slightly from those in the earlier analysis. There are two reasons for the differences. The main one is that the first paper modeled a guess at what the government would propose, whereas the second paper came after the GST package was announced and so modeled a somewhat d | |||||||||||||
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