when youve paid tax on the money you invested in the sharemarket and you're in the 39% tax bracket because of the massive hours and short staffing pushes you there - where all the "overtime' is taxed at 39%, it begins to grate on you.
Personally Id rather have the time (not overtime) for my own interests and family but my job doesn't allow it - and we wonder why noone wants to work here.....particularly when overseas, not so far away the pay is double and the time commitment is less, and they have enough staff for safer operating.
The oft quoted low tax (9.6%) paid from the shonky ird study on those with assets on average >56million was a joke, but now its quoted as fact - these are not the folk who are going to suffer wealth tax or higher income tax - its the single income, unmarried, no family benefit Jo who is trying to save for their retirement but going backwards at a rate of knots.
https://www.nzherald.co.nz/nz/politi...KEPWEWZSMIEN4/
This country takes the attitude that to work harder, strive to look after yourself (financially)already contributing significant PAYE is somehow bad and wont be satisfied until we are all dependent on minimum wage or handouts because we will have finally achieved "Equity" of existence
Using PIE tax is the only relief they get.
Perhaps the govt need to look at the mess they've made of things and start SUPPORTING local business and industry not killing it
https://www.localfutures.org/program...-of-happiness/
End of rant - and probably on the wrong thread -sorry