Today is 2016 “Tax Freedom Day”. At 11:12am this morning the average New Zealanders will stop working for the government and for the first time this year begin working for themselves.
Taxpayers’ Union Executive Director, Jordan Williams, says:
“Tax Freedom Day is based on OECD figures showing that general government total outlays are now equivalent to 40.0% of the economy. That means that up until today Kiwis have effectively been working for the Government.”
“On behalf of the thousands of Kiwis who are members and supporters of the Taxpayers’ Union, we would like to wish every New Zealander a Happy Tax Freedom Day.”
New Zealand’s 2016 Tax Freedom Day is 15 days later than Australia, three days later than Canada, and later than all the years Helen Clark was Prime Minister.
More information about Tax Freedom Day is available at http://www.taxpayers.org.nz/