Written By: - Date published: 7:02 am, March 20th, 2017 - 128 comments
Multinationals exploit our tax laws to pay no tax in NZ. Matt Nippert has been doing great work on this, and his latest this weekend on Apple is a powerful example. Planned changes to our laws don’t go far enough. We need to fix this. What’s the downside? What’s the delay?
Written By: - Date published: 9:50 am, March 13th, 2017 - 73 comments
Never mind the record debt, the dropped contributions to the Cullen fund, the housing crisis, rising poverty, the deteriorating health system, the costs of quake rebuilds, the filthy water, the need to prepare for climate change – never mind all that, have an election bribe!
Written By: - Date published: 7:04 am, February 20th, 2017 - 46 comments
As Finance Minister Bill English effectively ruled out tax cuts, but it’s election year, and so of course the Nats can’t help but trot out their one-trick election pony again.
Written By: - Date published: 7:56 am, February 12th, 2017 - 21 comments
Bloomberg magazine has highlighted how foreign trusts are damaging New Zealand’s reputation and are being used for criminal activity.
Written By: - Date published: 9:58 am, December 15th, 2016 - 53 comments
In March the Nats were still rejecting the idea of a crackdown on multinational companies’ tax avoidance. But there has been – in large part due to the work of Matt Nippert in The Herald – a partial back-down. Another Labour policy adopted!
Written By: - Date published: 11:39 am, December 11th, 2016 - 15 comments
Tax cuts – the Nats are continuing to rule them both in and out for the election. Incoherence or deliberate strategy? Either way – Key got away with this kind of bullshit for 8 long years – are we going to let it continue?
Written By: - Date published: 8:52 am, November 30th, 2016 - 10 comments
A short video produced by US unions “to support a fairer tax system”.
Written By: - Date published: 7:54 am, November 1st, 2016 - 20 comments
The Nats are backsliding on implementing the law changes brought on by the Panama Papers revelations. If European regulators blacklist us the consequences will be catastrophic.
Written By: - Date published: 8:21 am, October 30th, 2016 - 30 comments
Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act is due to come into force soon and will require lawyers, accountants and other professionals to verify the source of client funds. This will give the Government increased power to monitor capital flows. What will they discover?
Written By: - Date published: 8:32 am, October 19th, 2016 - 8 comments
Herald: “…the Government ought to be banking surpluses, just as Sir Michael Cullen did during the boom of 2000-2007”.
Written By: - Date published: 7:03 am, August 25th, 2016 - 75 comments
Most of the media has reported the Government’s “3%” spin on the extent of residential property purchases in NZ going to foreign buyers pretty uncritically. There have been honourable exceptions, and yesterday property editor Anne Gibson in The Herald joined them.
Written By: - Date published: 12:08 pm, August 8th, 2016 - 72 comments
Financial capital is way over powered in our current political economic system. Every aspect of our lives has been financialised and securitised, from our homes to our educations. From our drinking water to our power supply.
Written By: - Date published: 8:08 am, August 2nd, 2016 - 43 comments
The European Union is considering sanctions against New Zealand for operating as a tax haven and the proposed reforms by John Sherwin may not be enough.
Written By: - Date published: 7:26 pm, July 4th, 2016 - 110 comments
So this post is about a suite of frameworks not to adopt if the goal is to avoid 2 degrees of global warming.
Written By: - Date published: 4:25 pm, June 27th, 2016 - 26 comments
There were many who were concerned that John Shewan was not a good choice for an inquiry into NZ’s tax haven system. Seems we owe Shewan an apology, as initial reaction suggests that he has done a good job.
Written By: - Date published: 11:25 am, June 26th, 2016 - 69 comments
Is it true that 40 percent of us pay no tax? Why, no, no it isn’t.
Written By: - Date published: 12:53 pm, May 28th, 2016 - 167 comments
Written By: - Date published: 11:08 am, May 23rd, 2016 - 31 comments
Grant Robertson has just delivered his pre-budget speech. One takeaway message: “Labour’s finance spokesman Grant Robertson says Labour will set out a tax package before the 2017 election to set out how it will raise revenue to address issues in education, health and housing”.
Written By: - Date published: 12:11 am, May 20th, 2016 - 173 comments
What does it really mean to reduce NZ’s total fossil fuel use by 50% by 2030: a warm up discussion for an upcoming thought experiment.
Written By: - Date published: 7:02 am, May 17th, 2016 - 90 comments
English is right, Key is lying and he knows it. But Key would rather we were talking about the mirage of tax cuts (again) than current events like the protection of corrupt tax havens or our homeless living in cars.
Written By: - Date published: 8:04 am, May 16th, 2016 - 22 comments
Written By: - Date published: 3:04 pm, May 14th, 2016 - 51 comments
The Nats are all over the place on this, and they’re trashing our reputation in the process.
Written By: - Date published: 4:49 pm, May 13th, 2016 - 35 comments
When a corporation launders its earnings in a tax haven, it is completely upfront about where the money came from and who it belongs to, which differentiates the activity from “money laundering.”