Commentary: Why a temporary flood levy on higher earners would be the fairest way to help pay for Cyclone Gabrielle
Published Date: 3/1/2023
Source: phys.org
Cyclone Gabrielle's trail of misery and destruction presents a major fiscal and political dilemma for the government: how should the country pay for the recovery? Does it borrow now and spread repayment over generations, or raise taxes in an election year?