Brad Olsen: Infometrics Principal Economist on the IRD report revealing that the wealthiest Kiwis pay tax at half the rate of ordinary people

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded26 Apr 2023

Publisheromnycontent.com ↗

Handlerec:7248532

Show notes

An IRD report today found that New Zealand's wealthiest pay tax at nearly half the rate of ordinary people. A sample of over 300 wealthy Kiwis (all worth over $50 million) revealed they paid a median tax rate of 9.4 percent. Treasury data indicates that 'middle wealth' New Zealanders pay a 20.2 percent tax rate. Infometrics Principal Economist Brad Olsen says no matter what way you cut the figures, middle income earners will be questioning the fairness of this. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.