There is only really one thing I agree with Gareth Morgan on…death to cats.
As for everything else, the man is a commie and a lunatic to boot….like his plans to tax people even more.
Economist Gareth Morgan believes New Zealand could be missing out on up to 25 percent of total income tax because the rich aren’t paying their fair share.
Morgan also told The Nation it is possible to get global corporations like Apple and Facebook to pay more tax on what they earn here.
The Government collects about $30 billion per year in income tax, but Mr Morgan says that take could be much bigger. The figures come from a soon-to-be-published report from the Morgan Foundation.
Dr Morgan says the report on New Zealand’s current tax system shows that the burden is falling on middle- and working-class families.
“There’s no free lunch here. If the rich aren’t paying their fair share, someone else has to pay more than they otherwise need to,” he says.