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Showing posts with label Indexing tax brackets to inflation. Show all posts
Showing posts with label Indexing tax brackets to inflation. Show all posts

Sunday, January 11, 2026

David Farrar: Indexing tax brackets would help more than taxpayer funded GP visits


The Taxpayers’ Union points out:

A new Taxpayers’ Union briefing paper, Robbing Peter to Pay Paul’s Doctor: Why Tax Indexing Makes More Sense, shows the tax system is quietly making cost-of-living pressures worse through “bracket creep”, pushing workers into higher tax bands simply because of inflation — the Christmas Grinch pinching a little extra from Kiwi pay packets.