While tax cuts are a topical issue, in this article we take a step back and instead look at what a better tax-benefit benefit system could look like. Just as with the current system, the size of government could be as big or as small as society desires, but the debate around tax cuts would be much clearer than some of the vacuous comments we hear from politicians and the dubious findings of badly constructed opinion polls.
There are many things you should be worried about when choosing your KiwiSaver scheme. But whether that scheme is investing ethically – commonly understood to mean shunning tobacco, alcohol, gambling and armament stocks – is not one of those things. Although greed may not be good, in this case it is very sensible.