Why tax the rich, when you can tax a worker?
Rule #1 for government: Take money from the person making $50K, and give money to the guy making $50 million.
The IRD says govt needs money. Costs are rising due to an aging population. How do we prepare for the future? Do we take the people that have moulded the tax code and laws and politicians of the country to help them cut taxes rates (a third of what you likely pay), garner subsidies (property investors suckling at an especially fat teat, at $2.9 billion a year), and evade/avoid/and scam the tax man (see endnote). Of course not.