99.2% tax and clawback rates

The NZ Heralds reports it is not just families on $50,000 being hit with huge tax and clawback rates, They tell the story of the solo mum who for an extra 23 hours work a week will only get $41 a week more in the hand.

They also report how a $22,000 pay increase from $38,000 to $60,000 would only leave her with $900 a year more in the hand.

This is what happens when you turn almost every family, with children, earning under $100,children into state beneficiaries.

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