Scoop has an Ethical Paywall
Budget 2015: Tax burden continues to rise
Budget 2015: Tax burden continues to rise
“The Government missed a golden opportunity to end stealth tax increases by indexing tax brackets,” says ACT Leader David Seymour.
“The average household is $1036 worse off since the tax changes of October 2010 – a figure that’s increasing each year.
“This Budget was the perfect moment to index tax brackets. With inflation bordering on zero, the effect on government fiscal plans would be relatively small.
“Taxes on New Zealand households will increase when inflation resumes. Ending bracket creep now would force governments to be honest about any future tax increases.”
ENDS
Advertisement - scroll to continue reading
Gordon Campbell: On The Hikoi Aftermath
Free Speech Union: Fair Digital News Bargaining Bill Likely To Restrict Access To Information, Polling Shows Most Oppose
Auckland Transport: Driver Safety Screens Now Rolling Out Across Auckland’s Bus Fleet
People Against Prisons Aotearoa: 'Expect Resistance' - Community Group Pushes Back Against More Cops With Guns
Greenpeace: New Zealand Drops In Global Ranking On Climate Action
PSA: Spending Cuts Need To Stop - PSA Urges Govt To Listen To Economists
Stats NZ: National Population Estimates: At 30 September 2024 (2018-base)
