Our Mistake, Christopher Luxon Still Committed To Indexation
The Taxpayers’ Union has received assurances from Christopher Luxon that tax indexation is still National Party policy, the Leader of the Opposition saying that “inflation indexation remains a key commitment of any future tax plan.”
Taxpayers’ Union Executive Director Jordan Williams says, “this is good news for New Zealand taxpayers who are really feeling the pinch of inflation and cost of living pressures.”
“In an inflationary environment, permanent tax indexation of thresholds is a do or die issue. We are relieved to receive clarification from the National Party leader that reports of the death of the promise have been greatly exaggerated.”