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Analysis
4 mins to read

Raising taxes, what is the trade-off?

Economy Matters: Good news for government is increase in tax rates results in more tax receipts.

In December last year, the government announced a new 39% personal tax rate on income above $180,000. This new rate came into effect from April 1 this year. Officials expect this change to generate an extra $500 million in government revenue or an increase of less than half a percent of New

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John McDermott Tue, 11 May 2021
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Raising taxes, what is the trade-off?
Analysis,Columns,
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