Story: Taxes

Muldoon the sardine

Muldoon the sardine

This cartoon depicts Prime Minister and Finance Minister Robert Muldoon in 1977 as a sardine, squeezed by rising prices and increasing costs of government expenditure. At this time taxes were not raising sufficient funds to cover government spending. The shortfall was made up by overseas borrowing – effectively passing the cost on to future taxpayers.

Using this item

Alexander Turnbull Library
Reference: A-289-015
Cartoon by Sid Scales

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Paul Goldsmith, 'Taxes - Gradual complication of the tax system – 1960 to 1984', Te Ara - the Encyclopedia of New Zealand, (accessed 18 May 2022)

Story by Paul Goldsmith, published 11 Mar 2010, updated 2 Sep 2016