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Showing posts with label Major parties tax policies. Show all posts
Showing posts with label Major parties tax policies. Show all posts

Wednesday, August 26, 2026

Kerre Woodham: We finally have tax promises from both major parties


Yep, it was all about taxes over the weekend. Labour pinned its colours to the mast over the weekend and wants to tax more to spend more. Taxman from the Beatles was written by George Harrison in 1966 when Harold Wilson came to power in Britain.

He imposed a super tax of 95% on the extremely wealthy, of which the Beatles were on paper, but their accountants warned them they were about to become bankrupt. 95% tax. Labour does not want that in 2026 in New Zealand, but they do want to tax more to spend more.