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  1. #11
    Quiet Observer
    Join Date
    Jun 2005
    Location
    New Zealand.
    Posts
    402

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    Quote Originally Posted by fungus pudding View Post
    28% Not high enough for you?
    Ever thought of getting off your butt and making your own pile?
    I suspect you've never given that any serious thought.
    Much easier to hold your hand out for a share of everyone else's.
    What the likes of BS are really saying: "Give serious thought & consideration to getting off my butt and taking responsibility for myself and being responsible for my OWN outcomes??? Yeah.....NAHHHH, no way Jose. Way too much work & effort!"

    A couple points of clarification.

    - NZ's top tax rate is now 39% - not 35% as incorrectly stated above.
    - Pig Trough dwellers often cite the super high headline tax rates of the Scandi' countries as 'shining examples' of what we could and should do in NZ.
    The reality is starkly different. There are so many & variously structured State sanctioned Rebates, Family Friendly Benefits, Supplements etc for the citizens, including for the "wealthy", that the average effective tax rate of this cohort is significantly lower than what the headline rates may make it appear. Basically making 'all & sundry' beneficiaries of the State.

    NZ has been in that hideous place previously - in the early 80's for those who are too young to recall. A 66% top tax rate, but laced with various offsets.
    Last edited by FTG; 06-08-2023 at 02:42 PM. Reason: grammer & structure
    Success is a journey AND a destination!

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