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: 9:58 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: 9:33 am, August 13th, 2016 - 77 comments
Tourists are coming for our “clean green” image (however undeserved), no reason why they shouldn’t be happy to help contributing to maintaining / strengthening it.
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: 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: 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: 9:36 am, May 11th, 2016 - 122 comments
Key was disgraceful in parliament yesterday, doing his buffoon act to try and trivialise the tax haven issue, and lashing out with the smears.
Written By: - Date published: 7:02 am, May 10th, 2016 - 22 comments
Is John Key the only international leader defending tax havens? Includes bonus international media round up of yesterday’s revelations.
Written By: - Date published: 10:31 am, May 7th, 2016 - 162 comments
Over night the Panama Papers leaker “John Doe” released a “manifesto”.
In it he/she mentioned just one national leader by name, singling out our very own John Key, for his “curious silence”…
Written By: - Date published: 7:07 am, April 18th, 2016 - 111 comments
Gareth Morgan estimates that NZ could be missing out on up to 25% of total income tax because the rich aren’t paying their fair share. What could a government do with an extra $7.5bn a year?
Written By: - Date published: 10:47 am, April 14th, 2016 - 41 comments
An interesting piece in The Guardian looks at the costs of tax evasion, and how (in America) the missing funds could be used to fund a UBI.
Written By: - Date published: 4:40 pm, April 12th, 2016 - 66 comments
Well well well.
Written By: - Date published: 8:08 am, April 12th, 2016 - 46 comments
Not our PM, the UK’s David Cameron. Our PM is under pressure to do the same, but refuses. He claims that all his taxes are “beyond reporach”. But he has form (TranzRail shares) on lying about his financial affairs.
Written By: - Date published: 2:30 pm, April 11th, 2016 - 20 comments
While Key is fighting to make sure our country remains a haven for his rich mates, he’s about to hit you and I with yet another tax. I don’t have a problem with taxes, but I do take issue with the hypocrisy.
Written By: - Date published: 3:18 pm, April 8th, 2016 - 4 comments
Okay. So rumoour has it that John was merely a co-writer.
Written By: - Date published: 4:25 pm, July 20th, 2015 - 15 comments
I/S at No Right Turn on a reported rush in demand ahead of new rules for real estate transactions aimed at cracking down on tax cheats and speculators.
Written By: - Date published: 8:55 am, December 14th, 2014 - 65 comments
Inequality has been very much in the news recently. Friday saw the publication of two really excellent pieces that between them provide a comprehensive, if depressing overview.
Written By: - Date published: 7:42 am, December 10th, 2014 - 33 comments
Rob Salmond notes the OECD report saying the West – and New Zealand more than any – have had their growth held back by income inequality. Do we have a government willing to do anything about it?
Written By: - Date published: 1:58 pm, June 26th, 2014 - 14 comments
With the ritual whining from the right about our tax rates in New Zealand now that Labour given aspects of their alternative budget, it pays to consider what the real tax rates for the wealthy here are. Because of our lack of a capital gains tax, we are in the strange position where we would tax a wealthy investor like Warren Buffet a lot less than he is in the USA. Thats outrageous.
Written By: - Date published: 2:44 pm, March 4th, 2014 - 7 comments
No Right Turn succinctly points out the impact of the International Monetary Fund changing its mind on the adverse effects of inequality in the economic sphere. A case of an accumulation of facts overriding dumb ideology.
Written By: - Date published: 10:30 am, February 25th, 2014 - 12 comments
In my previous post on how a UBI would address inequality, it turns out I figured out something that is already known as a measure of inequality called the Gini coefficient and the Lorenz curve. A lower Gini coefficient is better and represents a more equal society. It is a recognised way of measuring and comparing inequality between countries, changes in equality overtime and for the effects of taxation proposals. Looking at it for NZ shows the effects of the last 30 years of neoliberal “reform”.