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?

  • thevoyagekayaking
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    7 months ago

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

    • Xcf456
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      7 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