Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Feb 2017 Leave a comment
in fiscal policy, politics - New Zealand
Morgan wants to raise an additional $13 billion in taxes, $8 billion from a capital tax and $5 billion from a 30% flat rate tax for a universal basic income of $11,000 per adult. $13 billion is 6.5% of the GDP of $197 billion in 2011. That is his latest numbers. A huge tax increase just after a global financial crisis is not the wisest fiscal policy.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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