New Zealanders should migrate to Australia
New Zealanders of average incomes should migrate to Australia. Okay this is a somewhat provocative statement but vast numbers of Kiwis make this exact decision. And why not? Not only will they typically enjoy higher incomes in Australia they will also pay less income tax. Even if they earn exactly the same equivalent income as what they earned in New Zealand they will find that Australia has a much less onerous income tax system. How much less onerous? Lets have a look.
The three tables below do an income tax comparison. For simplicity we can ignored the medicare levy in Australia and the ACC levy in New Zealand as they both modest and roughly the same.
The first and last table show the Australian and New Zealand tax rates respectively. The middle table is the Australian tax rates in New Zealand equivalent currency. The tables assume that an income of NZ$1 in New Zealand is equivalent to A$0.80 in Australia.
The chart below shows in New Zealand dollars the tax taken for various incomes under the two alternate income tax codes. Clearly the Australian income tax code is far more favourable for people of modest income.
The comparison is for tax rates in the 2012/13 financial year. If the New Zealand government wants New Zealand citizens to stay in New Zealand then it ought to reduce the tax rates at the lower end of the income range.
Seasteading video
The arguments used in this short video also eloquently explain the arguments for federalism and political decentralisation. More competing governments will give us more experiments, policy evolution and better public policy. More information about the Seasteading Institute can be found at their website.
Big brother isn’t cheap
The below info-graphic was sent to the ALS by a group in America who are trying to increase awareness of the stupidity of their Orwellian “Transport Security Administration” (TSA). It is an important lesson for people of all countries.
7th International Conference on Climate Change
For those interested in the ongoing climate debate, the ALS is once again co-sponsoring the International Conference on Climate Change. Suffice to say, the ALS does not necessary agree with all comments made at the conference. Click the graphic for more information, and contact me (john.humphreys99@gmail.com) if you would like a special deal on tickets.
Shanghai Austrian Economics Summit
The International Society for Individual Liberty (ISIL) is hosting the Shanghai Austrian Economics Summit in July this year. If you can make the trek over, it looks like a good line up of speakers.
Jon Stewart’s questions to libertarians
Last year, American funny-man Jon Stewart asked a series of questions to libertarians. Since then, plenty of people have responded, giving fairly comprehensive answers. I agree with some of those answers, but I thought I’d put together my own “short answers” anyway… only six months late.
1. Is government the antithesis of liberty?
We need definitions. If “liberty” means people being allowed to act voluntarily with each other (as I define it) then the antithesis is involuntary behaviour — e.g. violence, coercion, theft, murder. The government certainly does all of that, but they are not the only example (eg mafia, rapists). Further, some libertarians will suggest that if a limited government is able to decrease “private” violence & coercion, then they might even be a force for good. (This idea is known as the “night-watchman government” or “minarchism”.)
It’s worth quickly noting that government does not mean “governance”. You would still have much governance in a libertarian society (for example, cricket rules).
Catallaxy Files- A “special” tariff May 25, 2013Some Labor MPs want a ‘temporary’ increase in the PMV tariff rate or an ‘emergency tariff’. So far the Government seems to be resisting such calls. While Henry Ergas covers the hypocrisy and false expectations that have been built around the PMV industry in Australia, it is worth emphasising that Australia has relatively expensive cars. The internet [...] […]Samuel J
- Dreamtime weekend May 25, 2013This weekend is “Indigenous round” in the AFL fixture. The highlight of the round is the game tonight between Richmond and Essendon. The weekend is intended to highlight the contribution indigenous players have made to the AFL and, of course, the contribution the AFL has made to indigenous players. By almost any measure this is [...]Sinclair Davidson
- Parkinson stands by Strong growth, low pollution May 25, 2013I was quite surprised that no one picked up these quite amazing pars in Martin Parkinson’s speech delivered earlier in the week Another factor that will affect future revenue collections is the revision to the carbon price projections. The 2013-14 Budget projects a carbon price of $12.10 in 2015-16. This change, along with updated emissions, means [...]Judith Sloan
- A “special” tariff May 25, 2013
- IPA news
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- Defining investment in the federal budget May 19, 2013Language matters, and the Gillard Government is acutely aware of this as demonstrated by the manner in which it abuses it...
- If by a miracle Labor wins the poll, it must deal with the Treasurer May 18, 2013They say every political career ends in failure. But some more than others. All the evidence suggests Wayne Swan's sixth...
- When does mission creep become censorship? May 20, 2013
Oz Political Quiz
