this post was submitted on 06 Aug 2023
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Aotearoa / New Zealand

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[–] master5o1 20 points 1 year ago* (last edited 1 year ago) (1 children)

Their tax policy was already announced regarding their wealth tax and income tax adjustments.

Iirc very terse summary: 1.5% tax on net wealth > $4M; income tax reduction for <$125k pa incomes, tax increase for >$125k pa incomes.

[–] Ilovethebomb 0 points 1 year ago

I know what it is, I find it disappointing Radio NZ didn't even link to a story on the changes.