3 ms·
One big thing is income tax and benefits. Often the lower your income the better. In New Zealand there are a huge number of extra payments you miss out on if yo
by xupybd 9y ago
One big thing is income tax and benefits. Often the lower your income the better. In New Zealand there are a huge number of extra payments you miss out on if you work more, working for families, lower taxes, WINZ child care and more. So if you earn more than someone in working in childcare you have to earn significantly more to cover the taxes (approx 25% in NZ) you're paying and to cover the loss in benefits you don't get.
- Eridrus 9y agoAdd to this that tax benefits are particularly friendly towards single income families, which leads to the second income being taxed at the marginal rate of the first.