Green MP Efeso Collins dies

[FTG]

Working people pay most of the tax in NZ... overall it's regressive when compared to percentage of income.

And now for the actual facts - as reported by Treasury & highlighted in the 2023 Sapere Report.

Only 21% of tax payers earn over $70,000, yet pay 68% of all income tax.

Meanwhile, >30% of tax payers now get more in tax credits (in reality handouts from actual NET Tax payers) than they actually pay in Tax.

Crazy stuff. Yet, some still wonder why NZ Inc is falling deeper into a financial Black Hole.

You are right on one thing though Ms Panda. Collins actively advocated for those working hard & earning better, to hand over even more of that money across to the State.

[Panda-NZ-]

You are right on one thing though Ms Panda. Collins actively advocated for those working hard & earning better, to hand over even more of that money across to the State.

That would be true even if it's a flat tax.

Mind you a flat tax would be fairer than what we have if its applied to capital gains and dividends too (ACT says no though.. why might that be).

[Panda-NZ-]

Only 21% of tax payers earn over $70,000, yet pay 68% of all income tax.

The obvious flaw in this mindlessly repeated statistic.

Assume a teenager who works part time pays 100% tax on 5k income... 5k paid
A millionaire pays 1%... 10k tax paid.

OMG, they pay 66% of all the income tax!

[Panda-NZ-]

I'm talking about CGT and imputation credits.

Australia has the former, UK and US tax both dividends and capital gains.

[Balance]

I'm talking about CGT and imputation credits.

Australia has the former, UK and US tax both dividends and capital gains.

And who ruled out CGT despite being in government for 6 years? Oh .. Clueless Cindy & Hapless Hipkins.

Suck hard, Ignoramus Peasant panda-nz, you do it exceptionally well - just like you tried to blame the current government for record immigration numbers in the last year. A total loser, that’s you.

[nztx]

I'm talking about CGT and imputation credits.

Australia has the former, UK and US tax both dividends and capital gains.

Aussie got both .. Franking credits system = their own version of imputation credits

Someone been sleeping again ? Probably dreaming of Argentina where they got hyper inflation
instead and the odd one here thinks things are better off in South America ?

[Getty]

Can any one explain the connection between Efeso and rugby, that merited a minutes silence at the Super 15 rugby match?

Is this politicalization of rugby?

Will a minutes silence be observed at the Super 15 when Poto, Marama and Carmel pass away?

John Key, Cunliffe, Goff and Robertson?

[fungus pudding]

Can any one explain the connection between Efeso and rugby, that merited a minutes silence at the Super 15 rugby match?

Probably not.

[ynot]

Can any one explain the connection between Efeso and rugby, that merited a minutes silence at the Super 15 rugby match?

Is this politicalization of rugby?

Will a minutes silence be observed at the Super 15 when Poto, Marama and Carmel pass away?

John Key, Cunliffe and Gough and Robertson?

Which team was playing, Auckland ?

[Daytr]

Can any one explain the connection between Efeso and rugby, that merited a minutes silence at the Super 15 rugby match?

Is this politicalization of rugby?

Will a minutes silence be observed at the Super 15 when Poto, Marama and Carmel pass away?

John Key, Cunliffe, Goff and Robertson?

Get a grip. The man was a huge supporter of the Pacific Island community of which both the Blues & Moana Pacifika have a large percentage of players from.
Not politics, respect and how about you get some.