As Steven Joyce prepares to deliver his first budget on Thursday, the Taxpayers’ Union can reveal that the average household pays $1.48 million in tax over a lifetime - equivalent to 15 years of earnings. In a paper published today, the Taxpayers’ Union reveals: Over a lifetime, an average household...
According to the OECD figures, this year tax freedom day is Monday 22 May, representing the 39.1% of the economy that is spent by the government. Today, Monday 22 May, is "Tax Freedom Day" - the first day this year that New Zealanders stop working for the Government and begin...
There is nothing scarier than a government in surplus Pre-budget opinion piece published in the Waikato Times, 18 May 2017 The series of new spending initiatives over the last few weeks are looking more and more like pork barrel election year bribes and suggest that the healthy government books are...
Statistics New Zealand’s new lease with Wellington’s Chow Brothers for offices at 318 Lambton Quay signs up taxpayers for $794 per square metre per year — an astronomical amount for office space. As reported by this morning's Dominion Post, documents (see link below) show that the Ministry is paying $1.857...
Fire Service Amalgamation Means 40% Increase In Fire Insurance Levy New Zealanders will have to pay an extra 40% in their insurance fire levy from July despite the key selling point of the Government’s amalgamation of fire services being ‘efficiency’ - according to a new report we've published today. The...
A report released last week by the OECD (a group of mostly rich countries), ‘Taxing Wages’, compares the effective tax rates within the OECD club. According to the report, the average earner with no children in New Zealand has the second-lowest effective tax rate in the OECD at 17.9% (behind...