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
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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