This post would be much better if I actually had the numbers it needs. But I’m posting it anyway, because I’m not afraid to look like an idiot on the internets.
This story from Radio NZ was mentioned on the radio news as I was waking up this morning. It included a quote from Roger Douglas, from the economic-uberliberal ACT party. I can’t recall the numbers he cited (can anyone find ’em? I just listened to another news broadcast and they didn’t repeat this story) but it was along the lines of “the top (small)% of earners pay (much bigger)% of the tax”.
Keep that in mind and review this graph from No Right Turn, that shows almost half the wealth of NZ is concentrated in just 10% of the population:
This makes clear that Douglas is keeping the other half of the equation covered. With such great wealth concentration, it doesn’t seem nearly so problematic that there’s tax concentration. In fact, isn’t tax concentration exactly what we should expect from a well-functioning system?
And as a complete aside, I love the saga of Bob, the limited-English Chinese youth who ran away from home and slept rough in Otara – the roughest, toughest, scariest-to-us-white-folks place in NZ – where he was befriended by a Samoan youth and taken in by that family. And they decided to call him Bob.
Faleto’a, who already has seven sons, welcomed him into her family. “This is my beloved son Bob,” she told Campbell Live. “I love him just the same as my boys.”
This, when tensions between Asian and Pasifika ethnic groups in Auckland are rising. It’s just a good reminder that people are basically awesome.