JohnO <johno1234@gmail.com> wrote:

April 2008:

Minimum wage $12.00/hr
Gross income on MW $25,029
Tax $4,881 (19.5% effective rate)
ACC $350 ($1.41%)
Net Income $19,798
Real Net Income (2016$) $22,718

April 2016:

Minimum wage $15.25/hr
Gross income on MW $31,807
Tax $4,486 (14.4% effective rate)
ACC $385 (1.21%)
Net Income $26,836
Real Net Income (2016$) $26,836

And NZ has the highest minimum wage to median wage in the OECD.

And National made the first increase in benefits beyond inflation since 1977.

So much for the lies from the usual leftie idiots. National are much better >for the low earners. That's the straight numbers. Stand by for spin from the >leftie moaners.

source: >http://www.kiwiblog.co.nz/2016/03/real_net_minimum_wage_now_11_higher_than_under_labour.html

That is quite a surprise but I am delighted to see it is the case especially after inflation. What a good result for the government, maybe I will vote National this coming election.
Of course you will have made a serious error somehow JohnO but don't worry - Rich will correct you.
Tony

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