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

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

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.