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Which are? And what are your solutions?weak policy that doesn't address structural issues within NZ.
I was reading about the US in the 1950 where they introduced huge company tax above 50%. It resulted in reinvestment back into growing businesses to avoid the tax. Which led to a boom in business, innovation, R&D and wealth for employees as the US had a huge period of growth and wealth.
This fundamentally shifted incentives to growing business owners assets instead of growing owners salaries (drawings) without the business owners being worse off.
I like this idea. But in a worldwide economy, companies would just relocate overseas and governments would want the funding and wouldn’t want it to be reinvested as much (wealth taxes)