This is edition 2024/153 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. Why New Zealand can’t have a fairer tax system
Bryce Edwards
- 💼 The debate over tax reform in New Zealand is reignited by Labour leader Chris Hipkins, considering revisiting wealth taxes previously ruled out.
- 📉 Opponents argue against progressive tax changes, citing fears of economic impact and government mismanagement.
- 🌏 New Zealand lags behind OECD peers like the UK, Canada, and Australia in implementing capital gains taxes.
- 💰 Vested interests, including business groups and the wealthy, dominate tax policy debates, blocking reforms.
- 🗳️ Political parties on the left struggle to unify on economic issues, often shifting focus to non-economic concerns.
