Raising taxes, what is the trade-off?
Economy Matters: Good news for government is increase in tax rates results in more tax receipts.
John McDermott
Tue, 11 May 2021
Hot Topic
Hawke’s Bay
In December last year, the government announced a new 39% personal tax rate on income above $180,000. This new rate came into effect from April 1 this year. Officials expect this change to generate an extra $500 million in government revenue or an increase of less than half a percent of New
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John McDermott
Tue, 11 May 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Raising taxes, what is the trade-off?
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