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In Brief: How New Zealand's tax system favours the rich

New research finds New Zealand's wealthiest families pay less than half the effective tax rate of ordinary New Zealanders – and the gap is growing.

Economist Tayla Forward joins In Brief to unpack her new research into how our tax system favours the wealthy. We discuss the concentration of corporate ownership, the growing tax burden on wage earners, why past reforms have fallen short, and whether a capital gains tax or wealth tax could make the system fairer.

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The skinny

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