3 years ago
New Zealand raises minimum wage and increases taxes on the rich
New Zealand is raising its minimum wage to $20 an hour and increasing the top tax rate for the country’s highest earners to 39%. The changes will be rolled out on Thursday, alongside small increases to unemployment and sickness benefits. The government estimates the minimum wage increase – a rise of $1.14 per hour – will affect up to 175,500 workers, and increase wages across the economy by $216m.
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https://www.theguardian.com
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