From the Lab

The Blog

Notes, briefs and announcements from the Lab. Some posts are the short version of a paper, with the paper itself beneath.

No. 01 · one so far

No. 01
23.5c47cTHE DAY

Double Taxed by Assumption

What changes for capital gains on 1 July 2027, how an asset is valued on the day, and why Treasury's draft formula, by assuming constant growth, taxed gain earned early at twice the rate in most real share histories. A three-minute brief; the full paper follows on the same page.

A brief of Paper No. 03, The Shape of the Gain

Capital gains tax1 July 2027ValuationBrief
The brief · three minutes · Sep 2026Open
Fig. 01The shelfas it stands

Some posts are the short version of a longer paper.

The paper series