this post was submitted on 29 Aug 2023
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National to propose new 'revenue measures' to pay for income tax cuts (www.rnz.co.nz)
submitted 1 year ago by Ilovethebomb to c/politics
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Any thoughts on what those measures may be?

God I hope they tax churches.

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[–] Ilovethebomb 4 points 1 year ago* (last edited 1 year ago)

I mean, a person working full time at minimum wage is very close to hitting the third tax bracket, and would do so if they worked only a small amount of extra hours. That's kinda ridiculous. I'm not too far off the fourth one, and I'm still doing my apprenticeship.

Labour really should have been making incremental changes changes to the brackets in line with inflation, but that ship has sailed.

Labour could definitely steal their ideas if they wanted, it would be a bit embarrassing for them though.