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.

Latest

Techweek: The mixed bag that is our fledgling gig economy
91500 2018-05-25 14:12:09Z Tech

Techweek: The mixed bag that is our fledgling gig …

by Peter Griffin

The gig economy isn’t yet proving a viable alternative for most people dreaming of being their own boss.

Read more
Be like Mike: Lessons the National Party could learn from Hosking
91478 2018-05-25 07:42:51Z Politics

Be like Mike: Lessons the National Party could lea…

by Graham Adams

Leaders of the National Party come and go, but Mike Hosking endures. Simon Bridges could learn from him.

Read more
M bovis will cost $1 billion - no matter what the solution is
91474 2018-05-25 07:03:24Z Environment

M bovis will cost $1 billion - no matter what the …

by Eric Frykberg

Wrangling over what to do about the cattle disease Mycoplasma bovis is going down to the wire but whatever the solution, it's expected to cost $1b.

Read more
Ireland's abortion referendum:  what you need to know
91404 2018-05-25 00:00:00Z World

Ireland's abortion referendum: what you need to k…

by Claire Pierson

Ireland is holding a referendum later today that could dramatically change its stance on abortion. Here’s a rundown of what's happening and why.

Read more
The royal wedding proves there's 'nothing essentially white about Britishness'
91409 2018-05-25 00:00:00Z Television

The royal wedding proves there's 'nothing essentia…

by Diana Wichtel

There was pomp. There was circumstance. But the union of Prince Harry and Meghan Markle was never going to be a royal wedding as usual.

Read more
How influential artist Michael Parekōwhai is transforming Te Papa
90618 2018-05-25 00:00:00Z Arts

How influential artist Michael Parekōwhai is trans…

by Anthony Byrt

In a rare interview, Michael Parekōwhai opens up about his work, the trauma of loss, and his new installation at Te Papa.

Read more
Top syrah wine picks from New Zealand and abroad
91336 2018-05-25 00:00:00Z Wine

Top syrah wine picks from New Zealand and abroad

by Michael Cooper

Syrah, one of the great grapes of the Rhône Valley, is at home Downunder and these wines prove it.

Read more
Paula Bennett kicked out of House as tempers flare between Speaker and National
91466 2018-05-24 16:32:18Z Politics

Paula Bennett kicked out of House as tempers flare…

by RNZ

There have been testy scenes at Parliament this afternoon during Question Time, with National's deputy leader thrown out of the House.

Read more