I think you're right. I think, actually, business is simply saying to itself, “Let's just get on with this.” In talking to other economists and business people, they're simply saying, “We're ready for carbon to be priced; just give us certainty about the system.”
One other question comes from an unusual suggestion, but one that was made to me. Economists generally say payroll tax is bad and consumption tax is good. That's rather crude, for economists, but it's as much certainty as you ever get out of economists. The suggestion to me was that we completely eliminate premiums for EI and fund that revenue loss by an increase in GST.
Can I have a quick reaction on that?