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.
Our PPP income per capita means that Nordic tax won’t give us Nordic public services, though. We need to focus on the size of the pie as well as the size of the slice.
A good friend moved his young family back to Europe for this very reason. They got sick of living in the land of magical thinking where, while it’s nice if you’re in bare feet having a beer in the sun watching the cricket, it actually kinda sucks if you’re trying to live a nice life.
This country demands Nordic public services on Mexican taxation. 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. www.oecd.org/tax/tax-poli...
NZ, a low tax country that recently gifted its wealthiest citizens $2.9 billion in tax breaks, is struggling to work out where the money went.