CoveragePost
August 16, 2024
Analysis by Keith Rankin Wednesday I wrote Department of Mum and Dad (Scoop 14 Aug 2024, or here on Evening Report). I finished by saying that, today, “I will propose a simple affordable solution which better fits centre-right than centre-left philosophies”. Here goes. My proposal is to pay a personal tax credit of $150 per ... <a title="Keith Rankin Analysis – A Personal Tax Credit (PTC) of $150 for New Zealand" class="read-more" href="https://eveningreport.nz/2024/08/16/keith-rankin-analysis-a-personal-tax-credit-ptc-of-150-for-new-zealand/" aria-label="Read more about Keith Rankin Analysis – A Personal Tax Credit (PTC) of $150 for New Zealand">Read more</a>
CoveragePost
November 14, 2023
Analysis by Keith Rankin. Christopher Luxon and Nicola Willis have a bottom-line policy of delivering “tax relief” to New Zealand’s “squeezed middle”. Their modest policy is to increase the first three income tax thresholds by 11.5%, representing compensation for about two years of inflation-driven tax increases. (Labour’s policy, by contrast, was to take advantage of ... <a title="Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax" class="read-more" href="https://eveningreport.nz/2023/11/14/keith-rankin-analysis-christopher-luxon-is-tone-deaf-and-slightly-innumerate-on-tax/" aria-label="Read more about Keith Rankin Analysis – Christopher Luxon is tone deaf and slightly innumerate on tax">Read more</a>
CoveragePost
August 14, 2023
Analysis by Dr Bryce Edwards. Who would profit most from Labour’s GST-exemption policy? It won’t be those struggling with the cost of living – the average shopper is unlikely to see any real change in supermarket prices if Chris Hipkins was to implement his tax-off fresh and frozen fruit and vegetables. The real winner would ... <a title="Bryce Edwards’ Political Roundup: How Labour’s tax cut will do little but benefit the rich" class="read-more" href="https://eveningreport.nz/2023/08/14/bryce-edwards-political-roundup-how-labours-tax-cut-will-do-little-but-benefit-the-rich/" aria-label="Read more about Bryce Edwards’ Political Roundup: How Labour’s tax cut will do little but benefit the rich">Read more</a>
CoveragePost
April 27, 2023
Analysis by Dr Bryce Edwards. Yesterday the IRD released its landmark report on the ultra-rich in New Zealand and the tax they pay. It starkly illustrates the extent to which the wealth of the ultra-rich has skyrocketed in recent years. The richest 311 families have a combined wealth of $85 billion, and own a quarter ... <a title="Bryce Edwards’ Political Roundup: Why NZ’s regressive tax system is unlikely to change" class="read-more" href="https://eveningreport.nz/2023/04/27/bryce-edwards-political-roundup-why-nzs-regressive-tax-system-is-unlikely-to-change/" aria-label="Read more about Bryce Edwards’ Political Roundup: Why NZ’s regressive tax system is unlikely to change">Read more</a>
CoveragePost
April 27, 2023
Source: The Conversation (Au and NZ) – By Craig Elliffe, Professor of Law, University of Auckland Getty Images If nothing else, the just released Inland Revenue study of the tax rates paid by the wealthiest New Zealanders should put to rest the notion we have a progressive tax system. We don’t. A progressive system ... <a title="Proving the wealthiest New Zealanders pay low tax rates is a good start – now comes the hard part" class="read-more" href="https://eveningreport.nz/2023/04/27/proving-the-wealthiest-new-zealanders-pay-low-tax-rates-is-a-good-start-now-comes-the-hard-part-204532/" aria-label="Read more about Proving the wealthiest New Zealanders pay low tax rates is a good start – now comes the hard part">Read more</a>
CoveragePost
October 21, 2022
By Andrew Anton Mako in Port Moresby “When we don’t have any of these copper and gold mines anymore, where are we headed?” This quote is by Jerry Garry, managing director of PNG’s Mineral Resources Authority (MRA). According to Garry, mineral resources from large mines (both current and pipeline) will be exhausted in 40 years. ... <a title="After PNG’s mines run out – what then? An ominous warning" class="read-more" href="https://eveningreport.nz/2022/10/21/after-pngs-mines-run-out-what-then-an-ominous-warning/" aria-label="Read more about After PNG’s mines run out – what then? An ominous warning">Read more</a>
CoveragePost
October 3, 2022
Political Roundup: TOP offering the transformation lacking in other parties The Opportunities Party (TOP) is putting other political parties to shame with its bold and innovative policies. Yesterday TOP announced their latest tax, housing, and income policies, and they were the sort of bold and transformative innovations that supporters of parties like Labour and the ... <a title="Bryce Edwards’ Political Roundup: TOP offering the transformation lacking in other parties" class="read-more" href="https://eveningreport.nz/2022/10/03/bryce-edwards-political-roundup-top-offering-the-transformation-lacking-in-other-parties/" aria-label="Read more about Bryce Edwards’ Political Roundup: TOP offering the transformation lacking in other parties">Read more</a>
CoveragePost
December 20, 2021
Taxation is the mechanism for redistribution of wealth to combat inequality and for redirecting resources to build a society. But our current tax principles though largely hidden or not understood by ordinary people, lie at the root of all our current inequality and struggling economy. Struggling at least for ordinary people. This article shows our current tax principles are central to our economic problems. Understand and fix tax and we are on a path to greater economic security and wealth for all, a ‘citizens economy’.
CoveragePost
December 18, 2021
How to stop ‘the normal principles of taxation’ destroying our economy and begin changes to create a citizen economy (Part A) EDITOR’S NOTE: Taxation is the mechanism for redistribution of wealth to combat inequality and for redirecting resources to build a society. But our current tax principles though largely hidden or not understood by ordinary ... <a title="LONG-FORM REPORT: Creating the citizen economy" class="read-more" href="https://eveningreport.nz/2021/12/18/long-form-report-creating-the-citizen-economy/" aria-label="Read more about LONG-FORM REPORT: Creating the citizen economy">Read more</a>
CoveragePost
September 25, 2020
Analysis by Keith Rankin. The most recent TVNZ Colmar Brunton poll felt about right: Labour/Green on 54% and National/Act on 38% of decided voters. But I sense that Labour is losing momentum. What needs to happen to make Judith Collins the Prime Minister in October? National/Act need just five percentage points more, and Green to ... <a title="Keith Rankin Analysis – The 2020 New Zealand Election is Not a Foregone Conclusion" class="read-more" href="https://eveningreport.nz/2020/09/25/keith-rankin-analysis-the-2020-new-zealand-election-is-not-a-foregone-conclusion/" aria-label="Read more about Keith Rankin Analysis – The 2020 New Zealand Election is Not a Foregone Conclusion">Read more</a>
CoveragePost
April 30, 2020
Analysis by Keith Rankin. Fact Checking On Mondays – or Tuesdays after public holidays – National Radio’s Kathryn Ryan runs a session called ‘Political Commentators’. On 28 April, from the right was regular commentator Matthew Hooton. From the left was Neal Jones who is listed as: “Chief of Staff to Labour Leader Jacinda Ardern, and prior ... <a title="Keith Rankin Analysis – Universal Income Flat Tax: the Mechanism that Makes the Necessary Possible" class="read-more" href="https://eveningreport.nz/2020/04/30/keith-rankin-analysis-universal-income-flat-tax-the-mechanism-that-makes-the-necessary-possible/" aria-label="Read more about Keith Rankin Analysis – Universal Income Flat Tax: the Mechanism that Makes the Necessary Possible">Read more</a>
CoveragePost
November 27, 2019
When the annual national accounts were released by Statistics New Zealand, the $300 billion milestone was released. New Zealand now produces, for sale, goods and services valued at more than $300 billion in one year. Ownership of the gross domestic product (GDP) is called ‘income’. Deciding who, at first cut, owns those goods and services ... <a title="Keith Rankin’s Chart Analysis: Division of New Zealand’s $300 billion GDP" class="read-more" href="https://eveningreport.nz/2019/11/27/keith-rankins-chart-analysis-division-of-new-zealands-300-billion-gdp/" aria-label="Read more about Keith Rankin’s Chart Analysis: Division of New Zealand’s $300 billion GDP">Read more</a>
