Well, for example, a choice that we would not make is $300 million for a tobacco excise tax cut. Okay. That means there is $300 million more that is a choice. So only $12.7 billion more to find?
This is a lie. The actual cost of a 50% reduction in excise tax on heated tobacco products has been $2.25 million, not $300 million. That is actual hard data. So Labour’s Finance Spokesperson is out by a factor of 100, in her finances.
This is beyond dishonest.
Their fiscal plan shows $365 million of revenue from removing the 50% discount on heated tobacco products. The actual revenue it will bring in is $2.25 million a year.
On top of that whopper, Nicola Willis has also found $16 billion of other spending they have forgotten to include.
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders
This is beyond dishonest.
Their fiscal plan shows $365 million of revenue from removing the 50% discount on heated tobacco products. The actual revenue it will bring in is $2.25 million a year.
On top of that whopper, Nicola Willis has also found $16 billion of other spending they have forgotten to include.
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders
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