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flag New Zealand proposes shifting income taxes into mandatory savings for better healthcare and pensions.

flag New Zealand economists propose shifting income taxes up to $60,000 into mandatory savings for healthcare, pensions, and risk cover, reducing public reliance. flag The plan also includes raising the retirement age, cutting subsidies for wealthy households, and redirecting saved funds to aid low-earners and the chronically ill. flag Inspired by Singapore's system, the proposal aims to improve outcomes, reduce costs, and prepare for an aging population.

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