Labour's new tax plan pledge: No changes in its first term

by RNZ / 14 September, 2017

Grant Robertson, Labour's finance spokesperson, explaining the tax plan to reporters at Parliament. Photo / screengrab, RNZ

Labour has pulled a major reversal in how it would carry out its proposed tax plan, in an attempt to counter National's continued attacks.

The party said the recommendations of its tax working group would not be introduced until 2021, which would mean voters would have the opportunity to reject any new taxes as part of the 2020 election.

National has been hammering Labour over its plan to set up a tax working group and possibly introduce capital gains or land taxes in its first term. Slipping support in the polls, and feedback to the party, suggests Labour has struggled to counter those attacks.

The party has announced that it would legislate for any changes in its first term, but they would not be implemented until 2021.

Labour finance spokesperson Grant Robertson said that would balance the need for urgency against the need for certainty, and would allow the public to have their say on any changes.

"To avoid any doubt, no one will be affected by any tax changes arising from the outcomes of the working group until 2021.

"There will be no new taxes or levies introduced in our first term of government beyond those we have already announced.

"Labour will not shy away from the hard issues such as fixing the housing crisis and we are determined to do what is right, but we also know we must take New Zealanders with us as we do that."

Mr Robertson said they had heard the concerns of New Zealanders.

"We will involve the public at every stage of the working group - as well as Cabinet - and Parliament's consideration of any changes that arise from it.

"This gives multiple opportunities for public input, and a general election before any new tax would come into effect."

This article was originally published by RNZ.

MostReadArticlesCollectionWidget - Most Read - Used in articles
AdvertModule - Advert - M-Rec / Halfpage

Latest

New Zealanders love a good ghost story
86094 2018-01-22 00:00:00Z History

New Zealanders love a good ghost story

by Redmer Yska

We New Zealanders are known for being down to earth and no-nonsense, but there's a surprising number of Kiwi stories with a supernatural element.

Read more
How to avoid burnout at work
86051 2018-01-22 00:00:00Z Psychology

How to avoid burnout at work

by Marc Wilson

Taking positive steps at work will help keep weariness at bay.

Read more
A puppy-buyer's guide to getting a new dog
86100 2018-01-21 00:00:00Z Social issues

A puppy-buyer's guide to getting a new dog

by Sally Blundell

Just saying “oh, how adorable” is not all you need to do before taking on a new dog.

Read more
Tarawera eruption: What was the mysterious ghost canoe?
86076 2018-01-21 00:00:00Z History

Tarawera eruption: What was the mysterious ghost c…

by Dale Williams

For more than 130 years, lovers of ghost stories have enjoyed talking about one of our most enduring mysteries: the Phantom Canoe of Lake Tarawera.

Read more
How to get the health benefits of nuts without the cost
85733 2018-01-21 00:00:00Z Nutrition

How to get the health benefits of nuts without the…

by Jennifer Bowden

You need 30g of nuts a day to maximise their health benefits. Here's some tips on how to do it without putting a hole in your wallet.

Read more
Model car collector Winton Amies: 'I'm just a big kid collecting toys'
84783 2018-01-21 00:00:00Z Life in NZ

Model car collector Winton Amies: 'I'm just a big …

by Guy Frederick

When Amies moved to Naseby’s old butcher shop 22 years ago, he brought 1200 model cars with him; now he has more than 3000.

Read more
Trade Me bans sale of pugs, British and French bulldogs
86110 2018-01-20 10:49:32Z Business

Trade Me bans sale of pugs, British and French bul…

by Sally Blundell

As a result of growing concern over the welfare of pugs, British and French bulldogs, Trade Me has announced they're banning the sale of these breeds.

Read more
Puppy farming: New Zealand's secret dog-breeding shame
86056 2018-01-20 00:00:00Z Currently

Puppy farming: New Zealand's secret dog-breeding s…

by Sally Blundell

NZ has an unregulated puppy-breeding industry where unscrupulous operators can flourish, so why aren’t we following the lead of overseas governments?

Read more