Phoenixz
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32d

100% tax on anything over 50 million in net worth

Nobody needs more than that, ever

Sounds great, but they’ll find ways around it.
Make a micro-company where they’re the sole employee, and claim any purchase as a business expense.

“For security purposes, the business absolutely requires a 17th mansion to accomodate any employee/s while they reside in New Zealand.”

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