this post was submitted on 19 Feb 2024
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Great write-up.

In fact, the line “Labour and National had broadly similar fiscal approaches...” is worth repeating.

So the default position we should be applying to the current government is – where is all the evidence for the claims that Luxon is making?

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[–] thevoyagekayaking 1 points 9 months ago (1 children)

They did think of that, but what are the chances that figure will be adjusted for inflation?

[–] Xcf456 1 points 9 months ago

I don't see why it couldn't be, either with some sort of legislated review period or formula to calculate the threshold.

In any case I'd prefer having one alongside our non-indexed tax system to not having one at all