NZ Govt & Council’s NEED To Be Careful With Tax: Mikey Smith

Mikey comes out swinging with a warning to the government and future governments, as well as councils that they need to be careful with all of these tax and rate increases (including inflation) because people are feeling it and we could lose them to other countries OR they may change their behaviour. We explore how this happens and go through some examples. We even TRY and find the odd solution. This is a grunty one! I have a goal to help 100,000 Kiwis improve their financial literacy. Generate KiwiSaver Scheme has sponsored Keep The Change to help me reach more people and make this a reality. Cheers Generate. Head to generatekiwisaver.co.nz/change to find out more.

00:56 – 03:41 The Perception of Taxes and Rates

03:41 – 05:28 The Cycle of Debt and Borrowing by Councils 05:28 – 08:44 The Potential for a Wealth Tax and People Leaving

08:44 – 49:31 The Need for Careful Consideration and Long-Term Planning

49:31 – 57:28 Protecting Yourself in a Changing Economic Landscape

57:28 – 01:03:23 Opportunities in a Bottoming Out Housing Market

01:03:23 – 01:04:25 The Need for Caution with Tax Increases

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