Written By: - Date published: 8:38 am, January 17th, 2017 - 94 comments
Guardian: “The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth.”
Written By: - Date published: 11:32 am, January 16th, 2017 - 36 comments
Oxfam’s report on wealth inequality in NZ has some staggering headline numbers.
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: 9:30 am, July 29th, 2012 - 1 comment
My regular Sunday piece of interesting, longer, deeper stories I found during the week. It’s also a chance for you to share what you found this week too. Those stimulating links you wanted to share, but just didn’t fit in anywhere (no linkwhoring). This week: hiding tax, growing up neo-liberal and Syria.
Written By: - Date published: 11:13 am, December 7th, 2010 - 135 comments
The other week we talked about what a new economic order should look like, following the neoliberal experiment’s resoundingly failure. Sustainability and fairness need to be at the heart of the system. Government acts on the economy through law, taxation and income redistribution, and as market player. Let’s start with tax and redistribution.
Written By: - Date published: 8:48 am, April 17th, 2010 - 94 comments
From time to time you hear mention of John Key’s personal fortune of $50M. If you say fiftymilliondollars quickly enough it doesn’t sound that much, especially in the context of politics where most budgets come in factors of millions anyway. But as a personal fortune, that amount of money needs some context to really appreciate […]