John MacDonald: How would you feel about paying more tax?
How do you feel about the prospect of paying higher income tax rates and more GST?
I think it’s inevitable. So does the Inland Revenue Department. Because of our ageing population.
Especially if people think we can have a whole lot more of us 65 and over —which is going to happen— and still provide the same level of assistance and support that is provided now.
So IRD is making its case for more tax in what’s called its “Long-term Insights Briefing”, which puts ideas on the table for governments to consider and to help the country plan for the future…
The skinny
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