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deposit takers

RBNZ outlines convoluted government prudential regulation tax proposal

[updated]

Proposed tax for Reserve Bank's prudential regulation could see banks and other deposit takers pay $113 million over 3 years, and insurers pay $81 million

12th Aug 26, 9:10am

by Gareth Vaughan

Proposed tax for Reserve Bank's prudential regulation could see banks and other deposit takers pay $113 million over 3 years, and insurers pay $81 million

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Occam's Razor: when presented with competing hypotheses about the same prediction, you should prefer the one that requires fewest assumptions. Or, "The simplest explanation is usually the best one."

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