One of New Zealand’s minor political parties has suggested giving each Kiwi $13,000 a year in an effort to address flaws in the current tax and welfare system "laid bare" by the coronavirus pandemic.
The Opportunities Party’s (TOP’s) universal basic income (UBI) policy states every Kiwi child up to the age of 18 would also be given $2080 each year.
TOP, which failed to get a seat in Parliament after receiving 2.4 percent of the vote in the 2017 election, is also calling for a flat income tax rate of 33 percent in addition to the implementation of a UBI.Former Treasury […]
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