Max Rashbrooke. Photo by Roy Murphy
by Roy Murphy
“We’ve got very significant disparities between rich and poor in New Zealand,” said Max Rashbrooke, who writes on economic inequality and democratic renewal. Speaking in Wellington this week at a second panel on tax policy, he said: “We used to be a country where the richest tenth of people earned about five to six times more than the poorest tenth. That ratio has widened out to 10 times. We have one of the least inequality-reducing tax and welfare systems in the developed world.” Read more »