New top income tax rate: a virtue-signalling reform?
How taxing top earners actually affects us all.
Norman Gemmell
Sat, 12 Dec 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
There was a strong sense of déjà vu within New Zealand’s tax community last week, as Parliament passed the new Labour government’s tax bill that raises the top rate of personal income tax from 33% to 39% on incomes over $180,000 from April 1, 2021. Back in 1999, the Clark-Cullen Labour
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Norman Gemmell
Sat, 12 Dec 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.