2% of $5 million is also a helluva lot more than 100% of 10k.
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Indeed. I guess anything can be justified. But of course those justifications make it no more morally robust?
I suspect for a minority, these sorts of middle/upper-class welfare structures present a minor moral dilemma. However, most will elect to stay in the 'blissful ignoramus camp' and instead be attracted to the sweet chocolate coating of what's on offer from the State (taxpayer funded) trough. Thinking that they can somehow avoid eating the rancid nut inside and instead pass it on to future generations to swallow.
National, if elected in some form, should simply remove 'Govt.' funding of KS contributions. The country can ill-afford the billions of taxpayer $'s thrown into the pot. Especially whilst, now, over 6% of total tax revenue is spent on just servicing Govt (read taxpayer) debt.
I couldn't care less what a 'tax accountant' has to say on the matter, GST on high end goods is effectively a wealth tax because only wealthy people are paying it. Let me know when a poor person buys any of the cars from any of the dealers in the below links -
https://www.ebbettprestigetauranga.c...and/land-rover
https://www.archibaldandshorter.co.nz/volvo-range
https://www.continentalcars.co.nz/
https://www.giltrap.com/find-a-dealer/giltrap-porsche
Logen, before GST, tax on imported cars was probably higher than the GST rate. GST replaced all sales taxes at the time. fungus's opinion is correct, no way can you call a consumption tax a wealth tax.