New Zealand, a low tax country with no capital gains tax, is struggling for funds to run a modern public health system.
Tracy Watkins, a prominent media leader: we've tried nothing and we're all out of ideas.
We're ill-served by thinking like this. The Post & SST are ill-served by her leadership.
Tracy Watkins, a prominent media leader: we've tried nothing and we're all out of ideas.
We're ill-served by thinking like this. The Post & SST are ill-served by her leadership.
Reposted from
Daily Indignation
Tracey Watkins, editor of The Post and Sunday Star-Times, pretty much giving up on the concept of a public health service rather than mentioning the word "tax".
Comments
Thankfully we still have Bernard Hickey and Gordon Campbell.
http://werewolf.co.nz/2024/09/on-the-governments-bizarre-hostility-to-a-capital-gains-tax/
Get income tax up to OECD average. Introduce a CGT. Then see where what we can afford.
This is a low tax country. That's an objective truth. And one our political-media complex refuses to engage with.
https://www.oecd.org/tax/tax-policy/taxing-wages-new-zealand.pdf
With all the poverty and harm that is associated with tax havens
We should hold tax cuts in contempt as an abject failure of our MPs
Despite every measure showing otherwise
The striking difference is that income tax makes up 40% of total compared to 25% in OECD.
No surprise, this combined with GST puts the burden on low and middle income households.
Like it's just blatant spin to call it relief.
Tax cut is neutral, you can argue whether it's necessary or justified, but it's just a description of what it is