Barry Soper critiques the inconsistency in Labour's tax messaging, questions the party's fiscal sustainability, and highlights the rise in national debt, while also making a commentary on New Zealand First's preference for celebrity male politicians.
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Well, it's just the signals that is coming out of Labour that are coming out of Labour. Various people in the party are making different claims and that does lead to a great deal of confusion. I mean, this morning on television we had Kieran McAnulty telling breakfast that aside from a capital gains tax tax, there would be no other tax increases under a Labour-led government. They don't forget Chris Hipkins himself said that a few years back that there wouldn't be any increase in tax under a Labour-led government and indeed there wouldn't be a capital gains tax in a Labour government led by him. But Deborah Russell, who's the revenue spokesperson, She's told the media that Labour would of course have more tax policy more than that is a capital gains tax so it makes you wonder what the hell is going to happen and when their tax policy is released I assume it'll come after the budget which it most certainly should do. When you think that when the Labour-led government took office in 2017. Then debt to GDP was 22%. When Helen Clark, the last Labour government before that, left office in 2008 when John Key took over, it was simply so low, 5% of GDP. Now, today, it's around 42% or 43%, maybe 45% of GDP or roughly... seventeen point five billion a hundred and seventy five billion dollars now from Washington Nicola Willis she says it'll get worse if Labour gets back into office this year
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confusing and contradictory signals
Barry Soper: Newstalk ZB senior political correspondent on the concerns raised over Labour's tax messagingSocial-media signal on the same topic, drawn from the social lens. Engagement is likes + 2×shares + 3×replies, the same weighting used across the digest cards. View on /social →
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