Tax Freedom Day not until June 1

Published: Thu 9 May 2019 10:28 AM
9 MAY 2019
The premature celebration of 'Tax Freedom Day' by Baker Tilly Staples Rodway is just festive silliness says the New Zealand Taxpayers’ Union.
Reacting to coverage of 'Tax Freedom Day' Taxpayers’ Union Economist, Joe Ascroft says, “Staples Rodway’s calculations ignore the cost of debt-funded Government spending and revenue gathering that falls outside the tax system. Tax Freedom Day is in a few weeks' time: on Saturday 1 June.”
“OECD figures show that general government total outlays are equivalent to 41.573% of the economy. The implication is that until June 1, taxpayers are working for the Government – whether the Government is spending from their paycheque, or simply handing them a credit card already loaded up with debt.”
New Zealand Taxpayers' Union
New Zealand's grassroots campaign for lower taxes and less government waste
The New Zealand Taxpayers' Union is an independent activist group, dedicated to being the voice for Kiwi taxpayers in the corridors of power. It's here to fight government waste and make sure New Zealanders get value for money from their tax dollar. New Zealanders are invited to join and donate at
Contact New Zealand Taxpayers' Union
Media Contact:
Media line (24-hr) 04 282 0302

Next in New Zealand politics

On The Twitter Wars, And The Muller Muddles
By: Gordon Campbell
Green Party Statement On The Death Of George Floyd
By: Green Party
Freshwater package backed by comprehensive economic analysis
By: New Zealand Government
Todd Muller announces shape of next Government
By: New Zealand National Party
On National’s Day Of Reckoning
By: Gordon Campbell
Jobs budget to get economy moving again
By: New Zealand Government
Five new Super Hercules to join Air Force fleet
By: New Zealand Government
Queen's Birthday Honours List 2020
By: New Zealand Government
Support For Arts And Music Sector Recovery
By: New Zealand Government
New Zealand Joins Global Search For COVID-19 Vaccine
By: New Zealand Government
Green Party Unveils Its Candidate List For The 2020 Election
By: Green Party
NZ COVID Tracer App Released To Support Contact Tracing
By: Ministry of Health
Deep Concern At Hong Kong National Security Legislation
By: New Zealand Government
Covid-19 rules and restrictions on businesses to be lifted under alert level 1
It’s Time For A Captain’s Call On Level 1
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media