Because I cannot believe how bad National’s tax cut policy release has been researched and structured and how bad its release is going. When you add Australia (19 percent) and Singapore (3.5 percent), this means at least 60 percent of non-New Zealand house transfers would be excluded from National’s tax,” Parker said. “This means Chinese nationals must be excluded from National’s proposed tax, in addition to the exclusions for Australia and Singapore that they have already admitted”. Labour social development spokesperson Carmel Sepuloni told Stuff National’s proposal would see “thousands” of children sink below the poverty line. National’s policy would be worth about $8,000 a year to me using figures off the top of my head.

Source: Stuff September 02, 2023 03:33 UTC