Labour's policy to increase the top tax rate on incomes over $180,000 to 39% has nothing to do with the massive deficits and debts caused by the COVID-19 response. At best, the policy will bring in an extra $500 million a year of revenue. That is if you assume there is zero avoidance which is […]

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Kiwiblog is the personal blog of David Farrar. I set it up in July 2003 after several months of getting addicted to reading other blogs. Prior to blogging, I used to participate in Usenet Internet newsgroups,...