Written By: - Date published: 8:04 am, November 7th, 2017 - 19 comments
The Paradise Papers have provided further evidence of a small group of very wealthy people are using complex trust arrangements based in tax havens to avoid paying tax.
Written By: - Date published: 12:30 pm, October 14th, 2017 - 104 comments
The International Monetary Fund (IMF) says it now favours higher taxes on the rich and has demolished the myth this might adversely affect economic growth. The authoritative Washington-based think tank in its influential half-yearly monitor also argued for taxes on capital, suggesting a wealth and/or land taxes should be considered, something that will make Gareth […]
Written By: - Date published: 11:18 am, October 10th, 2017 - 35 comments
Newsroom (Shane Cowlishaw) reports that the Nats were considering significant hikes to fuel taxes, described in a document that was supposed to be released before the election – but somehow wasn’t.
Written By: - Date published: 9:22 am, September 29th, 2017 - 49 comments
National’s one and only strategy this election was lying about Labour, specifically Labour’s budget and their tax policy. The $11.7bn hole lie just made the Nats look stupid, but the evidence suggests that the tax lie did real damage. Why are we so angry about tax and so apathetic about the much more important issue of low pay?
Written By: - Date published: 4:36 pm, September 25th, 2017 - 178 comments
Labour didn’t deserve to win on Saturday because, firstly, because it failed to bring a fully-fleshed tax policy to voters, and, secondly, it never attempted to win the ideological battle over tax. To succeed at the next election, Labour must begin work today to frame this debate.
Written By: - Date published: 8:29 am, September 14th, 2017 - 282 comments
Tax is emerging as the big issue of this campaign. How valid are National’s claims that Labour will introduce a variety of new taxes and what has National’s record been like? Update: in a smart tactical move Labour has promised no new taxes will be introduced until after the next election.
Written By: - Date published: 1:38 pm, September 4th, 2017 - 109 comments
Matthew Whitehead looks at what the Greens, Labour and National really mean when they talk about a CGT.
Written By: - Date published: 7:04 am, August 23rd, 2017 - 146 comments
Jacinda Ardern will not campaign on a capital gains tax, but will seek advice and will not rule it out in a first term. The Nats have introduced a week form of CGT already. A more robust version needs serious consideration.
Written By: - Date published: 11:24 am, August 22nd, 2017 - 71 comments
The Green Party in government will end the tax advantages property speculators currently enjoy under National by implementing a comprehensive tax on capital gains
Written By: - Date published: 6:15 am, August 5th, 2017 - 10 comments
Toby Morris explores the differences in how tax fraud and benefit fraud are dealt with, and asks where our sympathies should be.
Written By: - Date published: 9:30 am, July 23rd, 2017 - 14 comments
Collins’ excuse is just waffle. Why won’t the Nats follow Australia and UK in a crackdown on multinational tax avoidance?
Written By: - Date published: 7:01 am, July 21st, 2017 - 54 comments
Auckland City Councilor Richard Hills yesterday tweeted some of the things we would like to see fixed before a tax cut. You might want to add to the list. Good thing Labour is promising to cancel the cuts and spend billions more on health and education.
Written By: - Date published: 9:11 am, July 20th, 2017 - 27 comments
According to Morning Report the Nats are calling Labour’s budget for more spending on health and education “a plan to waste more money”. Tell it to the people who can’t afford private alternatives and depend on the public systems.
Written By: - Date published: 9:03 am, July 6th, 2017 - 22 comments
National’s original claims that New Zealand was not a tax haven are in tatters as the Sherwan rule changes have resulted in the mass exodus of Foreign Trusts from New Zealand.
Written By: - Date published: 11:17 am, June 20th, 2017 - 23 comments
Our economic paradigm (market capitalism) and oil don’t mix. False hope (BECCS) and survival doesn’t mix. Current political settings (Paris pledges produce 3- 4 degrees C warming with the US on board) and intelligent action don’t mix. Incrementalism (time is not on our side) and AGW doesn’t mix. Whatever can’t be mixed into some AGW solution needs to be flushed.
Scary, huh? Well, yes and no…
Written By: - Date published: 11:56 am, May 28th, 2017 - 138 comments
The Green Party caucus decision to support the Government’s tax reduction legislation is hard to comprehend and has created a perception of messiness in the way the Labour-Green MOU operates.
Written By: - Date published: 11:54 am, May 3rd, 2017 - 127 comments
In America a group of millionaires have emerged who are advocating for increased taxation for the wealthy and increased democratic rights to everyone else.
Written By: - Date published: 10:19 am, April 19th, 2017 - 45 comments
National is trying to give the impression that it settled the pay equity case out of the goodness of its heart. The reality is that the Unions forced it to settle through gritted teeth.
Written By: - Date published: 8:39 am, March 25th, 2017 - 111 comments
The Labour-Green Budget Responsibility Rules announcement this week ought to dispel the notion that Labour and the Greens cannot work together.
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?