NZ's deficit is $10b lower today.
Which is much better than Sir john achieved after the GFC.
Let's not waste that on a tax cut for wealthy earners.
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NZ's deficit is $10b lower today.
Which is much better than Sir john achieved after the GFC.
Let's not waste that on a tax cut for wealthy earners.
Tax is also levied on goods and services, unrealised capital gains on overseas investment (wealth) , some overseas takeover proceeds (remember DIL.NZX) or demerger shares valuation or proceeds (wealth), some realised NZ investor real estate capital gains if within bright-line period etc.
It beats me. Looking at the linked item, it must depend on the definition of “income” to mean the broad “economic income” rather than just “taxable income.”
https://www.stuff.co.nz/national/pol...t-data-reveals
Thank you 777 and BAA-BAA.
Man there's a lot of dodgy numbers bandied about around tax!?!?
You don't know that - you are wildly speculating. They may have been had several failed relationships, given nothing to their community, have convictions, who knows? To assume because people have wealth that they are successful hints at some immaturity from you. And again you don't know about government MPs either.