You were making a good point until you compared tax in NZ to the USA. If you're making software eng type of salary you pay less effective tax in NZ compared to California ($200k in both). If you factor in health insurance it grows further. I know because I moved from NZ to CA then back again. I got paid more in CA, but my life wasn't materially better - I was able to save more in NZ.
If NZ really wanted to help startups they'd sort out the tax problems with options so that companies can actually interest people in taking risk by working for new businesses.
Personally, I think I'd be in favour of a wealth tax if I had the kind of wealth that could be taxed. I don't resent the tax I pay now.
If NZ really wanted to help startups they'd sort out the tax problems with options so that companies can actually interest people in taking risk by working for new businesses.
Personally, I think I'd be in favour of a wealth tax if I had the kind of wealth that could be taxed. I don't resent the tax I pay now.