Business Daily Media

How raising tax for high-income earners would reduce inequality, improve social welfare in New Zealand

  • Written by Nicolas Herault, Academic, Melbourne Institute of Applied Economic and Social Research, University of Melbourne
imageTax reforms generally imply a trade-off between average income and inequality. from www.shutterstock.com, CC BY-ND

If we asked people in New Zealand what they think the best income tax reform would be, we would expect a range of responses. People will no doubt have different views about which of the four income tax rates and corresponding income...

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