2 Comments

How much notice should we take of a report on tax burdens that only looks at income tax, ignores the extra tax paid via gst, and doesn't appear to seriously look at income tax free wealth increases.

For those on lower incomes, gst is essentially a 15% surcharge on their net income. But way less than that for those at higher income levels.

Expand full comment

You seem to have forgotten why Ardern ruled out CGT in her time ... utter frustration at Peters' stonewalling the policy.

Expand full comment