Tuesday, 4 August 2026

Who actually carries NZ’s tax burden?

 

"[W]ho actually carries their share of New Zealand’s tax burden. [Let's see] how unfair and disproportionate New Zealand’s tax system is on higher earners.
"The top 20 percent [of income earners] pay nearly two-thirds of all personal income tax.
The top 10 percent pay more than the bottom 80 percent combined.
And the top 1 percent contribute more [tax] than the entire bottom half of [income earners].
"Taxpayers’ Union spokesperson Tory Relf said: 'Politicians like Chlöe Swarbrick push a myth that successful New Zealanders are not paying their fair share [sic]. The evidence tells the opposite story. The truth is that wealth taxes, capital gains taxes, inheritance taxes, and higher income tax rates are harder to justify if politicians were truthful about how the tax system works right now.' ”
~ Taxpayers' 'Union' [sic] from their post 'Tax Inequality: Who Really Pays Their Fair Share?'
"With this information in hand, you might ask the next person who says the rich do not pay their fair share of taxes: Exactly what percentage of total federal income taxes should the 1-percenters pay? I seriously doubt whether you will get any kind of coherent answer. 
    "By the way, since 1-percenter income [in NZ starts at around $225,000], it might be pointed out that [$225,000 or even $450,000] a year is not even yacht or Learjet money. Plus, if one has two [children at university], a big mortgage and car payments, I doubt he would declare himself rich."
~ Walter Williams from his column 'What Is The Fair Share Of Taxes?'
“Since this is an era when many people are concerned about 'fairness' and 'social justice,' what is your 'fair share' of what someone else has worked for?”
~ Thomas Sowell
"Giving money and power to government is like giving whiskey and car keys to teenage boys."
~ PJ O'Rourke

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