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Showing posts with label NZ taxpayers. Show all posts
Showing posts with label NZ taxpayers. Show all posts

Tuesday, April 2, 2024

David Farrar: Net taxpayers in NZ
















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So 60% of taxpayers receive more in income support and benefits that they pay in tax. That leaves 40% funding those 60% and the vast majority coming from the top 10%.

It is a useful reminder we have a tax and welfare system which is already highly redistributive.