The media wants to know how Luxon costs out his tax plan, but the numbers are peanuts compared to Labour’s frequent faulty guesstimates.
taxes
Even something with the mathematical precision of taxes has become largely emotional
Why does the “make the rich pay” crowd never mention the rich are already paying for many that pay nothing?
Te Pāti Māori proposes a suite of new taxes including an 8% wealth tax
The wealth tax is 7 times the rate in Norway. The rich are leaving Norway, in response to the increased rate.
A look at wealth versus capital gains tax
If NZ decides to “tax the rich”, there is still the question of how.