It’s usually the case that success has many parents, while failure is an orphan. The KiwiSaver fee tax debacle is a rare example of the opposite.
Scores of extremely learned and experienced experts and officials put years into the proposal, and unless cabinet process was flouted – which would be a whole separate scandal – several seasoned ministers signed it off.
Despite this, the tax proposal enjoyed the half-life of the average TikTok video before being cancelled quicker than a #NotAllMen poster on a Twitter #MeToo thread.
And yet anyone who knows anything about tax and/or superannuation funds says it still needs to happen and probably
