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

When Sir Bob Jones met Muhammad Ali
81845 2017-10-23 00:00:00Z Books

When Sir Bob Jones met Muhammad Ali

by Bob Jones

A new biography finds fault with the legendary fighter, but praise wins by a mile.

Read more
Announcing the finalists of the NZ Craft Awards 2017
81876 2017-10-23 00:00:00Z Culture

Announcing the finalists of the NZ Craft Awards 20…

by NZTV Craft Awards

The finalists of the New Zealand Craft Awards have been announced and here is the complete list.

Read more
Hand, foot and mouth disease is not nearly as scary it seems
81868 2017-10-23 00:00:00Z Health

Hand, foot and mouth disease is not nearly as scar…

by Ruth Nichol

It sounds alarmingly like foot and mouth disease, but all they have in common is they are viral.

Read more
What to do in Auckland if you're a local who wants the tourist experience
81902 2017-10-23 00:00:00Z Travel

What to do in Auckland if you're a local who wants…

by Pamela Wade

After living in Auckland for almost 25 years, Pamela Wade decides to reacquaint herself with the city where she still feels like a stranger.

Read more
The Lesley Calvert cold case: 40 years of torment
80160 2017-10-22 00:00:00Z Crime

The Lesley Calvert cold case: 40 years of torment

by Chris Birt

The mum-of-three was found on a hillside in sight of her farmhouse where she'd disappeared 7 months earlier. Suspicions swirled, but no answers found.

Read more
When I went to Rimutaka Prison for a three-course meal
81858 2017-10-22 00:00:00Z Food

When I went to Rimutaka Prison for a three-course …

by Lauraine Jacobs

A three-course meal inside prison walls proves a rewarding experience for food columnist Lauraine Jacobs.

Read more
The Lundy murders: Inside the case that gripped the nation for 17 years
81945 2017-10-21 07:23:00Z Crime

The Lundy murders: Inside the case that gripped th…

by Anne Marie May

A court reporter who's covered both of Mark Lundy's High Court trials looks at how the case has evolved, as the Court of Appeal deliberates his fate.

Read more
The Weinstein scandal is no surprise to this prominent NZ employment lawyer
81809 2017-10-21 00:00:00Z Social issues

The Weinstein scandal is no surprise to this promi…

by Mai Chen

In 25 years of law practice, Mai Chen has helped many women – very often senior employees – who have suffered from sexual harassment.

Read more