THE BURDEN OF TAXATION
N.Z. And Australian Rates Compared Most taxpayers are looking for some substantial reduction in taxation in this year’s Budget. It may be wishful thinking but people have been studying what has been done in Australia, and the comparison with New Zealand is interesting. Comparative tables are given below:
PERSON WITHOUT DEPENDENTS Aust. Inc. Tax N.Z. Inc. Earned Tax and S.S. Tax and Income Contrib. Wages Tax 200 5 12 0 15 0 0 250 9 0 0 18 15 0 300 13 2 0 26 17 0 350 18 1 0 38 11 0 400 23 15 0 50 4 0 500 37 10 0 74 19 0 600 53 10 0 101 2 0 800 91 10 0 157 16 0 1000 137 10 0 220 5 0 1500 283 7 0 41,0 10 0 2000 470 17 0 618 14 0 PERSON Will! WIFE AND ' TWO CHILDREN. 200 15 0 0 250 — 18 15 0 3G0 .— 22 10 0 350 2 4 0 26 5 0 400 5 0 0 r.o o o 500 1110 41 17 0 600 26 5 0 65 4 0 800 6.) 0 0 116 2 0 1000 96 1 0 172 16 0 1500 226 14 0 339 14 0 2000 400 5 0 542 10 0
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https://paperspast.natlib.govt.nz/newspapers/WC19490418.2.10
Bibliographic details
Wanganui Chronicle, 18 April 1949, Page 4
Word Count
219THE BURDEN OF TAXATION Wanganui Chronicle, 18 April 1949, Page 4
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