• Oh dear, the low paid and beneficiaries are better off under National

    From JohnO@3:770/3 to All on Monday, February 29, 2016 19:24:16
    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

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