Is taxing the wealthy a smart move?

Is taxing the wealthy a smart move?

Adviser comments on Greens’ plan to levy assets over $2 million Taxing people on higher incomes and who have higher net assets to fund the Greens’ proposed “income guarantee” is a disincentive for business owners, a mortgage adviser says.

Ahead of the New Zealand election, the Green Party has released a proposed income guarantee aimed at helping families out of poverty through a change in tax rules.

Satyan Mehra (pictured above) is the director and chief adviser for iConsult, which provides lending solutions for small to medium sized businesses, property investors and developers.While there was merit in uplifting lower-earning sectors and […]

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