web analytics

Rich Germans demand higher taxes

Written By: - Date published: 12:37 pm, October 26th, 2009 - 17 comments
Categories: International, tax - Tags:

From the BBC:

A group of rich Germans has launched a petition calling for the government to make wealthy people pay higher taxes.

The group say they have more money than they need, and the extra revenue could fund economic and social programmes to aid

Sometimes the cultural dimensions of NZ’s rogernomic “greed is good” mentality are more easily identified when drawing direct comparisons with other countries. When did you last see the wealthiest men in this country putting considerations of fellow Kiwis above their own wealth. When was the last time you saw Fay and Richwhite, Graeme Hart, or the Fletchers, calling for more tax?

It doesn’t have to be like this New Zealand. We don’t owe these people a life beyond luxury at our own expense.

17 comments on “Rich Germans demand higher taxes ”

  1. Pat 1

    I’ve always thought Kiwi rich-listers were pretty philanthropic. Owen Glenn gave a fantastic donation to Auckland University. And to the Labour Party.

    • Zetetic 1.1

      There was a study out last year that shows poor kiwis give a higher portion of their income than the rich do.

      • George D 1.1.1

        This is pretty consistent, internationally. When you get rich you start to think that holding on to things is important, so you’re less likely to give. There are always some very rich people who give away most of their fortunes (Gates etc), but they’re always a minority.

    • I would love to know who the 10 Owen Glens the nats have are and what they demanded for their largesse. Our laws are still too loose. If that information was provided by the National Party then we could have a proper debate on the issue.

      What are the chances of this?

  2. Nick C 2

    “It doesn’t have to be like this New Zealand. We don’t owe these people a life beyond luxury at our own expense.”

    Ummm your right, no one ‘owes’ anyone anything, in the sense that your talking about. Equally the wealth dont ‘owe’ the government anything.

    If the rich feel like they are too wealthy they are more than welcome to give their money to charity, or even the IRD (im sure this could be aranged).

    • Zetetic 2.1

      all wealthy are beneficiaries of our capitalist system. It’s not fair that only the generous should pay for that.

    • roger nome 2.2

      Nick C:

      You’re right nick, the rich don’t owe the poor anything. That’s what we have democracy for. We vote to have a social contract where people recognise the asymmetries of power that are inherent in a capitalist economy, and seek to amend them to some degree.

      If the greedy rich don’t like it, they’re free to fuck off and join a country where tax is lower or non-existant (i.e. Dubai). Though in those countries the oil companies are often Nationalised, so that will be something else for you to flail about.

    • QoT 2.3

      Equally the wealth dont ‘owe’ the government anything.

      Except for all that education* and healthcare** and roads and a police force and the protection of a standing army and a social welfare safety net and regular democratic elections. Oh, and the aqueducts.

      *Even if they “did us a favour” by paying for private schooling, would you believe!
      **Even if they went private and complications arose and the private system dumped them back out onto the public!

    • Paul 2.4

      Don’t forget NZ already has top marginal rates that are lower than a lot of places – I’m on the top NZ marginal rate – 38% – in California I was paying 33% federal + 10% state = 40% (plus social security too) – in Australia I’d be paying 45% plus 6% state payroll tax in most states – 48% (and then 10% compulsory retirement) – the rich have it easy here compared to people in other western countries – anyone who’s claiming hard done by by the NZ tax system is being disingenuous (or ignorant).

      (yes I know the Aussie and US taxes don’t add up in the numbers above – that’s because one’s calculated after the other – in both cases the state tax is taken out before the federal tax is calculated which in the end makes the total tax rate lower)

      Even though I earn my money in the US I live in NZ and go out of my way to pay my taxes here – mostly because it’s just right to pay your taxes where you live – but I also win because they’re lower, and medical is included.

      That’s why the rich wont pack up and leave NZ.

  3. Michael Foxglove 3

    Nick C – The rich have accumulated their wealth by virtue of this country’s land and resources. That the ownership of these resources is concentrated within the hands of the few is a huge injustice.

  4. gitmo 4

    Interesting progressive tax system the Germans have.

    http://en.wikipedia.org/wiki/File:ESt-Steuersatz-GB.gif

  5. Galeandra 5

    Many cultures & cultures throughout recorded history have recognised that accumulation of wealth in private ownership is ultimately a mechanism for dispossessing the community itself of its resource base. The dynamics of compounding interest eventually cause huge distortion where not all members of the community begin with, or are able to, accumulate significant surpluses to build on.
    It seems to me that the problem we face today is the linking of assumptions about merit / virtue to wealth.This is, of course, an entirely new assumption and so has begun to appear increasingly in blog strings like this. No doubt the excess of virtue shared by readers & supporters of kiwi Blog and Nact will lead to a sharp increase in churchgoing.
    I recollect reading recently that the family which owns “Walmart” has been reported as owning more than the bottom 200 million Americans. That would, of course, indicate that things are exactly as they should be.

  6. Jcw 6

    “If the greedy rich don’t like it, they’re free to fuck off and join a country where tax is lower or non-existant (i.e. Dubai). Though in those countries the oil companies are often Nationalised, so that will be something else for you to flail about.”

    That is 100% the stupidest thing I have ever heard; if your goal is to maximise revenue from taxes on the wealthy then you have to balance it out between higher tax and lower tax. If its low obviously you wont be makign too much off it. It its too high you wont be making much money off it either, because as you mentioneed the wealthy can just leave if its too high.

    I’m not phillosophically opposed to high tax rates nearing 40%, I just don’t think they should kick in at 70k because at that level you are simply not rich, you are upper middle class. A good place for that level of taxation to start is about 150k-200k.

    • Draco T Bastard 6.1

      You make the mistake of believing money is a resource and that a community needs money to do anything. In reality, if a community has the actual physical resources available then it is capable of doing anything it chooses to do – no rich people needed. Generally speaking, we have the resources available and the only reason we have a problem getting anything done is due to the misallocation of resources caused by capitalism and greed.

  7. Herodotus 7

    No comment on what our taxes are to cover under Govt spending. The appropiatness of this spending both in size and in the quality of this spending. We had up to $10b annual govt surpluses, and still the taxes (Predominantly indirect taxes) increased, making all poorly by stealth. With lets just increase taxes we end up with poor decisions on what this money will go towards, such concepts are nieve at best. Look at what outcomes are desirable, the strategies for progressing NZ, what NZ means and what is to be protected to keep this (e.g Nat parks,ACC,protection of infrastructure etc), what resouces are required to meet these. Can we afford these, if no then prioritise to get the best out of a suitable tax take.

Links to post

Recent Comments

Recent Posts

  • Building back better
    It’s a three-week recess in Parliament – so, no bills are going through the House and no select committees are meeting. But the hard work of our ministers continues, and many of our MPs are back in their electorates, taking the opportunity to meet with local communities and businesses about ...
    16 hours ago
  • Greens call for a Warrant of Fitness for rental homes
    The Green Party is launching a petition today calling on the Government’s Healthy Homes Standards to be backed up with a proper Warrant of Fitness (WoF) for rental homes. ...
    4 days ago
  • Securing our recovery: By the numbers
    Our plan to secure New Zealand’s recovery from COVID-19 is working, with the past three months seeing the second-highest number of people moved off a main benefit into work since records began. ...
    1 week ago
  • More Kiwis in work through recovery plan
    The latest statistics show the Government’s focus on jobs is working. The net number of people on a main benefit dropped by around 11,190 people during the past three months, with around 31,240 people moving off a benefit into work. ...
    1 week ago
  • Green Party appoints new Chief of Staff
    The Green Party has appointed a new Parliamentary Chief of Staff, Robin Campbell. ...
    2 weeks ago
  • We’re turning 105!
    It’s our birthday! Today, 105 years ago, the New Zealand Labour Party was founded. And we haven’t stopped moving since: fighting for workers’ rights, expanding protections to boost equality, and upholding democratic socialist ideals. We’re now the oldest political party in New Zealand and, as we celebrate our 105 years, ...
    2 weeks ago
  • Principles for guiding the Emissions Reduction Plan Speech
    Tēnā koutou, tēnā koutou, tēnā koutou katoa. ...
    2 weeks ago

  • Prime Minister congratulates Fiame Naomi Mata’afa on Election Win
    Prime Minister Jacinda Ardern tonight congratulated Prime Minister-elect Fiame Naomi Mata’afa on her victory in the Samoa’s general election. “New Zealand has a special relationship with Samoa, anchored in the Treaty of Friendship. We look forward to working with Samoa’s new government in the spirit of partnership that characterises this ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Quarantine Free Travel with Australia suspended
    Quarantine Free Travel from all Australian states and territories to New Zealand is being suspended as the Covid situation there worsens, Prime Minister Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced today. From 11.59pm today Australians will no longer be able to enter New Zealand quarantine-free. This will be ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Growing conservation efforts in Gisborne
    A big injection of Jobs for Nature funding will create much-needed jobs and financial security for families in TeTairāwhiti, and has exciting prospects for conservation in the region, Conservation Minister Kiri Allan says. “The projects target local communities most affected by the economic consequences of COVID 19 and are designed ...
    BeehiveBy beehive.govt.nz
    19 hours ago
  • Flood recovery given further assistance
    The Government is contributing a further $1 million to help the flood battered Buller community, Acting Emergency Management Minister Kris Faafoi announced today. “Buller is a small community which has found itself suddenly facing significant and ongoing welfare costs. While many emergency welfare costs are reimbursed by Government, this money ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding for five projects to reduce food waste
    The Government is funding five projects to help address the growing problem of food waste, Environment Minister David Parker announced today. “New Zealand households throw away nearly 300,000 tonnes of food every year, half of which could still be eaten. By supporting these initiatives, we’re taking steps to reduce this ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Temporary Accommodation Service activated for West Coast flooding event
    The Temporary Accommodation Service (TAS) has been activated today - meaning residents on the West Coast of the South Island and in the Marlborough region hit by flooding over the weekend can now access help finding temporary accommodation, announced Associate Minister of Housing (Public Housing) Poto Williams in Westport today. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Pause to Quarantine Free Travel from South Australia to New Zealand
    Quarantine Free Travel from South Australia to New Zealand will be paused from 11.59am (NZT) tonight, COVID-19 Response Minister Chris Hipkins has announced. However, people currently in the state who ordinarily live in New Zealand will be able to return on “managed return” flights starting with the next available flight, ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • New Zealand condemns malicious cyber activity by Chinese state-sponsored actors
    New Zealand has established links between Chinese state-sponsored actors known as Advanced Persistent Threat 40 (APT40) and malicious cyber activity in New Zealand. “The GCSB has worked through a robust technical attribution process in relation to this activity. New Zealand is today joining other countries in strongly condemning this malicious ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Remarks to Diplomatic Corps
    It is a pleasure to be with you all this evening. Some of you may have been surprised when you received an invitation from the Minister of Disarmament and Arms Control, and I would forgive you if you were. New Zealand is unique in having established a Ministerial portfolio ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Early Pfizer shipment boosts vaccine schedule
    The largest shipment of the Pfizer vaccine to date has arrived into New Zealand two days ahead of schedule, and doses are already being delivered to vaccination centres around the country, COVID-19 Response Minister Chris Hipkins says. “The shipment of more than 370,000 doses reached New Zealand yesterday, following a ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Backing for Bay of Islands predator free effort
    The Government is throwing its support behind an ambitious project to restore native biodiversity and build long-term conservation careers, Conservation Minister Kiri Allan says. Predator Free Bay of Islands aims to eradicate predators from the three main peninsulas in the region, and significantly reduce their impact throughout the wider 80,000-plus ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government commits $600,000 to flood recovery
    The Government is contributing $600,000 to help residents affected by the weekend’s violent weather with recovery efforts. Acting Minister for Emergency Management Kris Faafoi and Agriculture Minister Damien O’Connor have been in the Buller district this afternoon to assess flood damage and support the local response effort. They have announced ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government assisting local responses to heavy rainfall and high wind
    Acting Minister of Emergency Management Kris Faafoi says Central Government is monitoring the severe weather across the country, and is ready to provide further support to those affected if necessary. “My thoughts are with everyone who has been affected by this latest event, particularly communities on the West Coast and ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • PM Ardern chairs APEC Leaders’ meeting on COVID-19
    New Zealand Prime Minister Jacinda Ardern has chaired a meeting of Leaders representing the 21 APEC economies overnight. “For the first time in APEC’s history Leaders have come together for an extraordinary meeting focused exclusively on COVID-19, and how our region can navigate out of the worst health and economic ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Health Minister welcomes progress on nurses’ pay
    The New Zealand Nurses Organisation’s decision to take the Government’s improved pay offer to members and to lift strike notices is a positive move towards settling district health board nurses’ pay claims, Health Minister Andrew Little said. “It’s encouraging that the discussions between NZNO and DHBs over the nurses’ employment ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Boost for Pacific regional business
    Pacific businesses will get a much-needed financial boost as they recover from the effects of the COVID-19 pandemic thanks to the new Pacific Aotearoa Regional Enterprise Fund, said Minister for Pacific Peoples Aupito William Sio.  The new $2 million fund will co-invest in Pacific business projects and initiatives to create ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • PM Ardern call with President Biden
    Prime Minister Jacinda Ardern spoke with US President Biden this morning, ahead of the APEC Informal Leaders’ Retreat on COVID-19. “President Biden and I discussed the forthcoming APEC leaders meeting and the critical importance of working together as a region to navigate out of the COVID-19 pandemic”, Jacinda Ardern said. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Renewed partnership creates jobs for New Zealand youth
    The Government has signed a new memorandum of understanding (MoU) with the Mayors Taskforce for Jobs, strengthening the partnership to get more young people into work.  The Mayors Taskforce for Jobs (MTFJ) is a nationwide network of all Mayors in New Zealand, who are committed to making sure all young ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • South Island areas prioritised in tourism fund
    Five South Island areas are prioritised in the latest round of decisions from a tourism fund that is supporting infrastructure projects from Cape Reinga to Stewart Island and the Chathams. Tourism Minister Stuart Nash has announced details of 57 nationwide projects to receive support from the Tourism Infrastructure Fund (TIF). ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New code sets clear expectations for learner safety and wellbeing in tertiary education
    A new code of practice for the pastoral care of domestic tertiary and international students will be in place from January next year, Education Minister Chris Hipkins announced today The code, which makes clear that creating an environment that supports learning and wellbeing is a shared responsibility between tertiary providers, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • First TAB New Zealand Board appointments announced
    The members of the first TAB NZ Board come with experience in racing and sport administration, business and governance, the betting industry, broadcasting and gambling harm minimisation. “This Board will progress from the excellent work done by the interim board, put in place in August 2020,” Grant Robertson said. “The ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Northland Maori Pathways initiative introduced
    The Government has today launched Māori Pathways at Northland Region Corrections Facility, a ground-breaking series of initiatives designed in partnership with Māori to reduce re-offending and improve outcomes for whānau. A key part of the Hōkai Rangi strategy, Māori Pathways looks to achieve long-term change and involves a number of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Extended Essential Skills visas being rolled out
    Two year Essential Skills visa to provide certainty to at least 18,000 visa holders Streamlined application process to benefit at least 57,000 visa holders The Government is increasing the duration of some Essential Skills visas and streamlining the application process to provide more certainty to employers and visa holders while ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Pause to Quarantine Free Travel from Victoria to New Zealand
    Quarantine Free Travel from Victoria to New Zealand will be paused from 1.59am (NZT) Friday, COVID-19 Response Minister Chris Hipkins has announced. The decision follows updated public health advice from New Zealand officials and a growing number of cases and locations of interest. The pause will run for at least ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hydrogen arrangement signed with Singapore
    The signing of an Arrangement of Cooperation on low-carbon hydrogen with Singapore heralds the start of greater collaboration between it and New Zealand as both countries transition towards low carbon economies, says Energy and Resources Minister Megan Woods. The cooperation arrangement between New Zealand’s Ministry of Business, Innovation and Employment ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hydrogen agreement signed with Singapore
    The signing of a Memorandum of Cooperation on low-carbon hydrogen with Singapore signals the start of greater collaboration between the two countries as they transition towards low carbon economies, says Energy and Resources Minister Dr Megan Woods. The cooperation agreement between New Zealand’s Ministry of Business, Innovation and Employment and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to LGNZ Conference
    Kia ora koutou katoa and thank-you for the invitation to speak to you all today. I would like to acknowledge Local Government New Zealand President Stuart Crosby, and Chief Executive, Susan Freeman-Greene, Te Maruata Chair, Bonita Bigham, and our host, Mayor John Leggett. I also acknowledge all the elected members ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government to provide support for water reforms, jobs and growth
    The Government today announced a $2.5 billion package to support local government transition through the reforms to New Zealand’s drinking water, wastewater and stormwater services. The package will also stimulate local economies while creating jobs and unlocking infrastructure for housing. “New Zealand’s water systems are facing a significant crisis and ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government Initiatives Contribute to Fall in Benefit Numbers
    Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit. “This Government’s plan to increase work focused support for Jobseekers is paying off,” Carmel Sepuloni said. “All up Benefit numbers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tourism support package continues rollout
    Mental wellbeing support is being rolled out to five South Island communities most affected by the absence of international tourists. Tourism Minister Stuart Nash today announced details of how tourism operators and communities can access the help announced in May as part of the government’s $200 million Tourism Communities: Support, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • NZ-PNG Sign Statement of Partnership
    New Zealand’s Prime Minister Jacinda Ardern and Papua New Guinea’s Prime Minister James Marape signed the first ever New Zealand - Papua New Guinea Statement of Partnership today. “This new Statement of Partnership reflects the importance we place on the close economic, cultural and people-to-people links our two countries have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further advice being sought on new cases in Victoria
    Further advice is being sought from public health officials following seven new positive cases of COVID-19 in Victoria today, COVID-19 Response Minister Chris Hipkins says. “There are also a growing number of locations of interest that are of concern, including a sports stadium on Saturday and several pubs,” Chris Hipkins ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Christchurch Learning Community Hubs supporting ethnic families
    As part of the Government’s ongoing commitment to working with the victims and those affected by the March 15 terror attacks, today Associate Minister of Education Hon Jan Tinetti released the report ‘Voices from the Ōtautahi’ on the Christchurch Learning Community Hubs. “It’s so important we continue to support the ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Hundreds more hands funded to work for nature
    Supporting biodiversity protection through community-led projects and on private property will create at least 500 more jobs under the Mahi mō te Taiao/Jobs for Nature programme, Minister of Conservation Kiritapu Allan announced today. “The work we are funding includes everything from pest control and restoration planting to plant propagation, skill ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Saliva testing expansion for frontline border workers
    All frontline border workers who are required to be regularly tested for COVID-19 will soon be able to choose regular saliva testing as a full replacement for nasopharyngeal testing, COVID-19 Response Minister Chris Hipkins has announced. Saliva testing will be expanded as an option for all those on a regular ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government consults on freshwater farm plan
    The Government is inviting farmers and growers to provide their practical ideas to help develop high-quality and workable freshwater farm plans, in line with its freshwater goals said Agriculture Minister Damien O’Connor and Environment Minister David Parker. The ministers today released the consultation documents for freshwater farm plans and stock exclusion low slope maps. Comment is being sought on a new, more ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Increased support for midwives
    New measures to help bolster the midwifery workforce as they care for the next generation of New Zealanders, have been announced today by Associate Minister of Health Dr Ayesha Verrall. “New Zealand’s midwives are committed to the wellbeing of women and whānau, but they’re facing significant challenges. The DHB midwifery ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Prime Minister's Speech to NZIIA Annual Conference
    Ladies and gentlemen, distinguished guests, ata mārie, tēnā koutou katoa. It’s a great pleasure to attend an event on such an important topic as New Zealand’s future in the Indo-Pacific region. Thank you to the New Zealand Institute of International Affairs for bringing this hui together. I am encouraged to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New national cancer treatment service opens
    A new national cancer treatment service will see patients who used to travel to Australia treated in Auckland, Health Minister Andrew Little announced today.  Peptide Receptor Radionuclide Therapy, or PRRT, can help manage symptoms of metastatic neuroendocrine cancer and increase and improve life for people who have it.  The treatment ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New Army facility to boost Manawatū-Whanganui region
    The Minister of Defence, Peeni Henare, has announced the Government will invest $47 million into a large new engineering facility at Linton Army Camp, to replace existing workshops.   The New Zealand Army maintenance facility, to be built in the Manawatū-Whanganui region, will be used to maintain and upgrade specialist ...
    BeehiveBy beehive.govt.nz
    2 weeks ago