I know the heading is a bit naughty. National has not actually said that it wants a top tax rate of 47% for the most wealthy. But it has praised changes to the Australian tax system where this is the result and implied that New Zealanders will emigrate because of this and maybe it should reflect on this before pumping out tax reduction good propaganda.
National put this post up with the headline “Australia enjoys the tax relief we should’ve had”.
Well yes a few would agree that a top tax rate of 47% for income over $200,000 (including Medicare levy) was a good thing. It is just that I can’t understand why National would concur.
According to failed electorate candidate Paul Goldsmith:
New Zealanders will today be looking across the ditch where low and middle-income Australians are about to receive just over a thousand dollars a year in tax relief, National’s Finance spokesperson Paul Goldsmith says.
“Australia’s Government made relief for hardworking taxpayers its first priority after the election. The legislation will pass through the Senate today. Our Government’s first priority was cancelling our tax relief package.
…
“The only exports this Government is directly increasing through its policies are New Zealanders to Australia. New Zealanders are over-taxed and underwhelmed by this Government.
I mean does he think we are that stupid? That we will accept news about a marginal shift in tax rates and not look at what is the underlying result? That people will want to emigrate to another country where the top tax rate is, checks notes, significantly higher than our top tax rate?
And what is going on? The Socialist Government of Aotearoa New Zealand has a top tax rate of 33% and the right wing uber capitalist Rupert Murdoch advance Australia unfair country to the west of us has a much higher tax rate? Shouldn’t it be the other way around?
Good old National. Always pushing the greed button and not worrying that it may also be hitting the stupid button.
Powered by WPtouch Mobile Suite for WordPress