And on tax, our tax as a percentage of GDP is not an issue.
Hereβs the real issue.
If you have a set population, keep the same tax rate but double productivity (GDP) you get double the tax income to spend on social good.
Eg Nz, 5m people, 32% tax, $50k GDP per person = $80b in tax.
Double the GDP per person to $100k via better productivity doubles the tax take to $160b
Weβve just solved our health, education, roads, superannuation, etc problems with NO NEW TAXES.
Itβs so simple. But the greens and Labour donβt have a clue - more taxes stifles the economy.