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Showing posts with label Tax takeTax cuts. Show all posts
Showing posts with label Tax takeTax cuts. Show all posts

Friday, October 7, 2022

Point of Order: From $76bn to $108bn – a hefty lift in the tax take in just five years



Covid’s impact on New Zealand may be diminishing but it still has injected a feverish tone to the debate on the state of the government’s books this week.

Labour and the Greens reject Opposition parties’ calls for tax cuts as “unaffordable”. They contend tax cuts would just add to inflationary pressures.

National and ACT insist tax cuts are needed to ease the pressure on household budgets as costs soar.