It is about $88,000 income that Australia tax becomes more than NZ. And their top rate 45c comes in at $180,000.
There were new rates announced in the recent budget which will alter things a bit.
When do you think people become wealthy?
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She abandoned her principles when she signed the Coalition agreement with Winston First where he was handed all the power and given a few $ Billion slush fund while Labour gets very little and The Greens have been made a joke of. Now with CGT abandoned, we wait with interest to see what she is going to do, if anything, about her generation's "nuclear moment" , but I suspect Winnie will scuttle any attempt at that as well. I do note when she announced dropping CGT , her statement also included the environmental taxes the TWG recommended. Certainly nothing has happened yet, after 18 months in Government.
I am not sure what your distinction is between principles and policy goals. Isn’t it a requirement of all politicians who become cabinet ministers per Collective cabinet responsibility that personal policy goals and ideas need to be tempered with the need to co-operate with others to reach a consensus.
If Labour voters thinks that the balance of power in government has tilted too far in favour of NZF, then they can switch to National If they think National in government would be more likely to introduce Labour Party type policies....
It's starting to look like 1974.
Obviously when there are none of your achievable policy goals in a political agreement you sign, you have no principles in politics. That's how I see our PM, she doesn't stand for anything.
Duncan Garner sums it up well here : https://www.stuff.co.nz/national/pol...itical-capital
A bullying culture with a boss like Trevor Mallard. Surely they are just following his lead ! https://www.stuff.co.nz/national/pol...at-the-beehive