National Launches New Tax Calculator
New Zealanders can now see exactly how much better off they would be under a National Government and how much they are putting at risk with a Labour one, National’s Finance spokesperson Nicola Willis says.
“Our new tax calculator shows how much more income Kiwis would get from National’s commitment to inflation adjust tax brackets, introduce our FamilyBoost childcare tax rebate, and scrap the Auckland Regional Fuel Tax.
“New Zealanders will also be able to see how much more they will pay if Labour is elected this year by calculating how much they would pay for a proposed Jobs Tax and App Tax.
“National knows Kiwis are paying too much tax – and our tax calculator shows just how much extra money they would have in their back pockets if National is elected this year.
“The cost of living crisis has made it too hard for New Zealand workers to get ahead. Instead of giving Kiwis much deserved relief, the Labour Government has continued to introduce taxes to feed an addiction to spending.
“Under Labour, tax revenue has jumped an eye-watering $43 billion in just five years, helped along by a clutch of new taxes. That is equivalent to an extra $17,500 per household.
“Labour’s Jobs Tax is far from cancelled, with officials still working on the scheme. The Government is about to introduce a new App Tax and is flirting with the idea of a Light Rail Tax, a Wealth Tax, and even a Flood Tax. You simply cannot trust Labour on tax.
“The tax reduction National has announced so far is the minimum we will deliver New Zealanders if we are elected this year. If the economic and fiscal conditions allow, we will go further.”