Report

How to fix a leaky tax system

14 Sep 2006
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In this paper, Phil Rennie argues that the integrity of the New Zealand tax system has been corroded by the introduction of a 39% tax rate for income over $60,000. This has resulted in tax evasion and avoidance, with large numbers of people using loopholes to avoid the top rate of personal tax. Rennie argues that the best solution is to have lower and flatter taxes which would make for a simpler system.

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2006
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