@strypey The rich “pay less of their income in tax than the poor do" if we include income from capital gains, according to Inland Revenue research. This backs up your previous points.

DO THE RICH REALLY PAY THE MOST IN TAX?
https://www.inequality.org.nz/understand/rich-really-pay-tax/

"More than 40% of millionaires paying tax rates lower than the lowest earners, Government data reveals"
https://www.stuff.co.nz/national/politics/300238241/more-than-40-of-millionaires-paying-tax-rates-lower-than-the-lowest-earners-government-data-reveals
#Tax #Taxes #Inequity #NZ #CapitalGains #CapitalGainsTaxNow