There should be one flat tax of approx 33% and a tax free income bracket of approx $21000-$50000 for non beneficiaries. (Essentially income splitting/universal welfare of about $7k per adult, plus $3k per child). Numbers to be modified by annual budget.?


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There should be one flat tax of approx 33% and a tax free income bracket of approx $21000-$50000 for non beneficiaries. (Essentially income splitting/universal welfare of about $7k per adult, plus $3k per child). Numbers to be modified by annual budget.

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Reasons To Disagree

No tax at all and no benefits is the only moral course

5 October 2012

 

Reasons To Agree

On the right track, but I believe this suggestion doesn't go far enough. Gareth Morgan's universal wage scheme - The Big Kahuna is dead easy to understand, fair to everybody, slashes bureaucracy and is an encouragement to work. $10,000 universal wage to all adults, 25% flat income tax (probably needs to be a bit higher) and 1.5% capital tax. No benefits, no benefit fraud, no WINZ. Superb. Do it. Today.

13 October 2010

Reasons for Remain Neutral

No reasons have yet been given to remain neutral.

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