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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[–] eagleeyedtiger 3 points 1 year ago (1 children)

A few people have mentioned they might possibly propose a GST raise. Is this actually popular with anyone/voters?

I didn't really pay attention to politics back then, but I remember when John Key raised GST, it wasn't that popular either

[–] kiwiguy@mastodon.social 2 points 1 year ago (2 children)

@eagleeyedtiger @Ilovethebomb my money's on GST rise. Also possible, that they announce but never implement a Microsoft tax and a proceeds of crime scheme.

[–] w2qw@aussie.zone 1 points 1 year ago

Shifting from income to GST effectively means those foreign corporates pay more.

[–] Ilovethebomb 1 points 1 year ago (1 children)

They did mention multiple sources of revenue, I suspect digital services will absolutely be one of them. Proceeds of crime, we already have that don't we?

I just can't see GST being popular at all.

[–] kiwiguy@mastodon.social 2 points 1 year ago

@Ilovethebomb I see it as a crap sandwich, you put the gst (actually happening but unpopular) in-between two slices of vague but popular things that never actually evenuate.