The Front PageThe Front Page

How are New Zealand's wealthiest families paying so little tax?

View descriptionShare

The IRD has released a massive investigation into the share of tax that New Zealand’s wealthiest families pay.  
 
The report suggests that the median effective tax rate for this group currently sits at 8.9% of their overall income. 
 
This is less than half the percentage paid by the average New Zealander. 
 
So why is there such large divide? What can be done to address this imbalance? And is it even possible to find the political will for a tax overhaul? 

Today, economist and researcher at the Victoria University of Wellington, Max Rashbrooke explains to Damien what this report has revealed. 

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. E 
Social links
Follow podcast
Recent clips
Browse 1,215 clip(s)