Last Updated: Nov 19th, 2009 - 11:07:39 Newsletters : 2005 Newsletters : 15 April 2005 Thought for the Day They’ve stolen my money! Amelia Rae. My 12 year old grand-daughter upon discovering that the tax department had taken 39% of her interest from her bank account. Apr 15, 2005, 16:32 Newsletters : 2005 Newsletters : 15 April 2005 Limits on theTax Burden Mar 31, 2005, 18:58 Newsletters : 2005 Newsletters : 15 April 2005 More Flat Tax Chris Worthington of Infometrics, writes; In December 1987, then Finance Minister Roger Douglas was on the verge of installing a flat income tax in New Zealand. As radical as that idea may seem now, it had almost unanimous support from the Labour cabinet. If not for Prime Minister David Lange’s infamous decision to break from the reform process for “a cup of tea”, New Zealand might still have a single income tax rate of 23%. Instead, debate on what tax structure would best suit New Zealand’s growth ambitions has been largely silent for the last 17 years. See for yourself at Infometric's web-site. [ Visit Website ] Mar 13, 2005, 12:25