Posts Tagged ‘tax’

Fix our tax law!

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?

NRT: Denying the obvious

Written By: - Date published: 8:57 am, January 11th, 2017 - 44 comments

I/S at No Right turn writes on Revenue Minister Collins’ denial of obvious tax avoidance.

Taxing multinationals

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!

Tax the Rich An animated fairy tale

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”.

Taonga tax

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.

The Chrematistic Camel

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.

Bill English unaware that GST is a tax shock!

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.

Labour should front-foot tax

Written By: - Date published: 12:53 pm, May 28th, 2016 - 167 comments

Good advice for Labour from Standard author Simon Louisson, writing on The Spinoff. Labour should front-foot tax!

Grant Robertson’s pre-budget speech

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”.

Tax cuts! No! Yes! Maybe! Look over there!

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.

Petition on tax dodging

Written By: - Date published: 10:30 am, May 12th, 2016 - 50 comments

tax-dodging

Key lashes out with the smears over tax haven status

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.

John Key vs the world

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.

NZ exporting poverty

Written By: - Date published: 8:23 am, May 9th, 2016 - 14 comments

By enabling tax evasion for the rich in other (notably South American) countries NZ is exporting poverty. It’s all perfectly legal. And that’s exactly the problem.

Panama leaker’s statement singles out John Key

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”…

Key and McClay sorting out their lines

Written By: - Date published: 9:12 am, May 4th, 2016 - 16 comments

On the nobbled IRD tax haven review Key has been sorting out his lines. Then he had to feed McClay his. The concept of just telling the truth probably never occured to either of them.

What tax evasion robs us of – in NZ

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?

Only way to deal with tax evasion

Written By: - Date published: 7:38 am, April 16th, 2016 - 78 comments

Post everyone’s tax details publicly. Everyone.

What tax evasion robs us of

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.

Key’s deposit with company specialising in foreign trusts

Written By: - Date published: 4:40 pm, April 12th, 2016 - 66 comments

Well well well.

PM forced to release his tax details

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.

Netflix tax – another one for you peasants

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.

A Song from John (All your questions answered)

Written By: - Date published: 3:18 pm, April 8th, 2016 - 4 comments

Okay. So rumoour has it that John was merely a co-writer.

UK sugar tax

Written By: - Date published: 11:47 am, March 17th, 2016 - 27 comments

The UK has done the sensible thing for public health and introduced “a new tax on sugary drinks”. The Herald asks: UK sugar tax – could NZ be next?

NRT: Facilitating tax cheats

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.

UK Labour to crack down on tax cheats

Written By: - Date published: 11:34 am, April 12th, 2015 - 20 comments

UK Labour have promised “all-out war on tax avoidance and evasion”. NZ Labour should follow suit.

Inequality – two excellent pieces

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.

Polity: OECD on inequality and growth

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?

Polity: What tax would Warren Buffet pay in New Zealand?

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.

NRT: Inequality is bad for growth

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.

Gini: A Measure of Inequality

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”.

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