Avsnitt Bruce Bernacchi: Dentons tax partner says Green's tax will send investments overseas The Mike Hosking Breakfast Spela Dela
Doubts New Zealand could avoid the problems other countries faced with wealth taxes. The Greens are proposing a 2.5% tax on net assets above 10 million dollars, excluding the family home. The package also includes income tax cuts for those earning under $160,000. Dentons tax partner Bruce Bernacchi says several European countries abandoned similar taxes, after wealth and investment flowed offshore. He says it would be a giant leap backwards for our economy, which is doing well at the moment. LISTEN ABOVE See omnystudio.com/listener for privacy information. Rss Apple Podcaster →
