Quote Originally Posted by Bobdn View Post
A new innovative, fairer, kinder, fit for for purpose tax system.

https://www.stuff.co.nz/business/121...they-look-like

The Government might reluctantly have to implement a wealth tax/inheritance tax. They will have no choice, you see, because of... The Covid.
I heard Grant Roberson appear to talk about partial nationalisation of some industries in an interview today. It appears the current government are eager to exploit the situation.

One change I would support, to create an incentive and encourage people back into employment even if it's only part time, is a 0% starting rate for income tax. However as Grant Robertson has ruled out tax cuts I won't be holding my breath.

New taxes will have to be levied of course, someone will have to pick up the bill and aligning the top income tax rate with other countries likely seems the most defensible place to start.