Lisa Marriott, Te Herenga Waka — Victoria University of Wellington
Heading into the 2023 election, politicians and commentators have said New Zealand’s tax needs to be fairer. But opinions on how to make the system fairer vary wildly.
Lisa Marriott, Te Herenga Waka — Victoria University of Wellington
A wealth tax has long been in the too hard basket for successive governments, but it’s time to take it out and properly debate the fairness of the current system.
Elon Musk is currently the world’s richest person.
AP Photo/Matt Rourke
Democrats briefly proposed a wealth tax to help pay for Biden’s economic agenda but withdrew it days later.
Afrofuturist’s work is rooted in the desire to transform the present for Black people. Here actor Mouna Traoré in ‘Brown Girl Begins’ (2017) directed by Sharon Lewis set in a post-apocalyptic version of Toronto.
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Afrofuturist’s work is rooted in the desire to transform the present for Black people. To do so, they imagine a reality in which Black people are the agents of their own story, countering histories that discount and dismiss them.
An unemployed man collects trash for resale in Diepsloot Johannesburg. Calls are growing for a basic income grant for poor South Africans.
EFE-EPA/Kim Ludbrook
Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.
Economists estimate the tax on households worth over $50 million could bring in $3 trillion over 10 years, but it will run into constitutional challenges.
We find low taxes on the rich bring economies little benefit. This suggests there is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
Trussell Trust food banks have seen a huge surge in demand this year.
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Adjustments to benefits could stop poor households’ debts increasing and be paid for by those who have gained from lowered outgoings.
New Zealand Prime Minister Jacinda Ardern promising to accelerate Labour’s COVID-19 recovery plan after winning re-election in a landslide.
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Jonathan Barrett, Te Herenga Waka — Victoria University of Wellington
Both major parties refuse to grasp the nettle of New Zealand’s narrow and inherently unfair tax base.
Prime Minister Justin Trudeau looks on as Finance Minister Chrystia Freeland responds to a question during a news conference on Parliament Hill in August 2020.
THE CANADIAN PRESS/Adrian Wyld
The speech from the throne is just around the corner. Will the Liberal government make broad and much-needed economic and social change amid the pandemic, or will it give in to the wealthy again?
Charitable tax incentives enable the super-wealthy to redirect billions in tax dollars away from government programs toward their private philanthropic foundations and the causes they choose to support.
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Adam Saifer, Université du Québec à Montréal (UQAM)
The growth of private foundations in Canada has occurred at the expense of government tax revenue. Philanthropic donations are dollars that have been redirected away from universal social services.
Jonathan Barrett, Te Herenga Waka — Victoria University of Wellington
As the adult children of baby boomers start inheriting their parents’ wealth, it’s time we looked seriously at taxing this unearned income.
A police officer at a 24-hour roadblock in Cape Town, South Africa after the country went into lockdown.
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