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Taxing questions: is National glossing over the likely cost of administering its new ‘revenue measures'? (theconversation.com)

submitted 1 year ago by Dave to c/politics

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Here are some random quotes from the article that basically sum it up, IMO.

Relief measures aimed at superannuitants include promising to increase NZ Super annually – although that already happens under the current scheme

As the tax policy makes clear, short-term concerns about the cost of living trump longer-term considerations about climate change.

Generally, two of the new proposals appear to gloss over the massive IT costs that tend to accompany new taxes.

What the package does not do is engage with the problem of tax-free wealth.

there isn’t a lot here for the least well off. But these are probably not the voters National is after.

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[–] TagMeInSkipIGotThis 5 points 1 year ago

Scrapping the clean car discount, 20 hours free ECE and public transport subsidies are all in my opinion deeply stupid ways to pay for tax cuts that benefit people already doing ok far more than the people who are actually struggling.

Then you look at the other things they've announced as part of it - landlords get to claim 100% of interest deductions again, brightline test etc - and its even more clearly a policy that robs a struggling Peter to give more money to a wealthy Paul .

Then this idea that the way to address climate damage is to take a pollution tax and fire it over to individuals is just cooked. The baffling thing is Willis can claim to be in politics to help people and drop these turds.