Robin Oliver: Tax expert says the current tax system, overall, isn't broken

A tax expert says the current tax system is working. Inland Revenue's wealth report shows the top one percent of earners pay a median effective tax rate of 9.4 percent when including capital gains on investments. Meanwhile, Treasury estimates a comparable tax rate for a "middle wealth" Kiwi is roughly 20 percent. OliverShaw partner Robin Oliver told Mike Hosking the tax system, overall, isn't broken. He says it's relatively simple and efficiently raises a lot of money the Government can then spend. LISTEN ABOVE    See omnystudio.com/listener for privacy information.