This is edition 2024/151 of the Ten@10 newsletter.
Welcome to the Ten@10, where I collate and summarise ten news items you generally won't see in the mainstream media.
This is normally now only for members in the VIP tier (old Silver and above), now that our membership transfer is completed. If you think you should be getting this with your membership then don't hesitate to sing out.
I hope you continue to enjoy this weekday newsletter and if you aren't currently on the VIP plan please consider upgrading.
Enjoy!
1. Labour Leader & Former Education Minister Hipkins must be held to account for his maths mistakes & dishonesty about the economic implications of population ageing
Rob MacCulloch
- 📉 Hipkins misled New Zealanders about economic implications of population ageing, suggesting capital & asset taxes are necessary.
- 🌍 Many countries, like Singapore, manage ageing populations effectively with funded social security systems.
- 💰 Singapore uses lower tax rates and personal savings through the Central Provident Fund for welfare.
- 🇳🇿 New Zealand's welfare system relies on Pay-As-You-Go with higher taxes as funding falls short.
- 📊 Hipkins' claims about tax increases to fund ageing population ignore alternatives used successfully elsewhere.
